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Cross-Listed Companies, Navigating International Reporting Standards 

CFO Talks

For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP). IFRS is principles-based and allows for some judgment in financial reporting, while GAAP is more rigid, rules-based, and less forgiving.

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Navigating IFRS, Key Updates and Changes

CFO Talks

Navigating IFRS , Key Updates and Changes Introduction In today’s fast-paced financial world, staying up to date with the latest International Financial Reporting Standards (IFRS) is critical for CFOs. IFRS 16 Leases: Impact on Balance Sheets IFRS 16 has changed the way leases are recorded on balance sheets.

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How to Comply with Accounting Standards for Nonprofits

The Charity CFO

Nonprofit organizations distinguish themselves from for-profit entities through their purpose and mission. Their mission is usually anchored on a cause or social purpose, not on the generation of profits. NPOs must adhere to these accounting policies to remain compliant with the law and maintain their tax-exempt status.

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The 5 Best Financial Reporting Software to Enhance the Productivity of CFO

Spreadym

Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Predefined Reports: QuickBooks provides a variety of predefined financial reports, such as profit and loss statements, balance sheets, cash flow statements, and more.

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166: Nicolaas van Wyk

CFO Talks

SAIBA’s CEO, Nicolaas van Wyk, provides interesting feedback from the recent CFO World Congress in Mexico, how developments at COP26 will soon change a CFO’s reporting obligations, and the trends for CFOs going into 2022. CFO Talks is a brand of the South African Institute of Business Accountants. Welcome, Nicolaas.

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Leading with Purpose: Dr. Lawrence Nsibandze on Managing Public Service Pensions and Strategic Finance

CFO Talks

Nicolaas van Wyk: Good day, CFO Club members, prospective members, and our CFO audience. My name is Nicolaas van Wyk, and I’m hosting another interesting podcast for CFO Club with Dr. Lawrence Nsibandze. I recently met Dr. Lawrence when we were both attending a Marcus Evans event called the 7th CFO Africa Summit.

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