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A Fresh Look at Ongoing ESG and Carbon Accounting Developments

Bramasol

From a global perspective, the International Sustainability Standards Board (ISSB), which was established by the IFRS in November 2021 at COP26 in Glasgow, has issued its first two standards. IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term.

IFRS 87
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How the Digital Solutions Economy is Impacting the Medical Devices Industry

Bramasol

According to Med Device Online , "Many manufacturers are implementing innovative pricing models to lower buyer-side pressure. Market dynamics and uncertainties are making revenues less predicable for MedTech manufacturers, thereby impairing forecasting and planning processes. How DSE Applies to the Medical Device Sector.

IFRS 76
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Are You Ready for "Carbon Accounting"  Compliance?

Bramasol

However, for the past couple of decades, ESG has typically consisted of producing an annual glossy Corporate Responsibility Report that discussed various initiatives in descriptive terms across areas such as energy usage, waste stream mitigation, labor practices, community programs, charitable giving, etc.

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How to Build Shareholder Trust with Reliable Financial Reports

Planful

In reality, a company’s financial report can be more flimsy—involving estimates and judgment from leadership that’s far from the truth. The company’s leadership used fake holdings and off-the-books accounting practices to deceive regulators. Valuations are a classic example of hole-filled financial reporting.

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Looking Ahead at Five Key Trends to Watch in 2022

Bramasol

They also need to address compliance requirements such as revenue reporting under ASC 606 and IFRS 15, which are still required but can be more complex for DSE business models. are generating lots of information and triggering actions in real time.

SAP 52
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Four Key Technology Trends to Watch in 2024

Bramasol

The importance of these elements has been underscored consistently in our work on implementing DSE solutions across many different industries including media & entertainment , telecom , software & SaaS , semiconductors , transportation , medical devices , electronics manufacturing , oil & gas , and utilities.