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Hedge Accounting: 3 Key Benefits of IFRS 9

Reval

IFRS 9 is changing hedge accounting forever. Companies in the European Union have only begun to kick off their IFRS 9 initiatives since the European Commission endorsed the standard in November 2016. IFRS 9 Advantages in a Nutshell. IFRS 9 enables hedgers to treat “costs of hedging” as a separate component of equity.

IFRS 52
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How Complex Are Your Business Finances?

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In that case, you may be looking for more powerful real-time accounting solutions to provide you with a better view of your entire operation and help with things like taxation, HR, multiple currencies, and more. GAAP, IFRS, and cash base side by side for better visibility. Ability to implement user-access controls.

Finance 104
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IBM Cognos Controller: Financial close management managed by the office of finance

Future CFO

Click on the link to download to discover in detail a list of the benefits that IBM Cognos Controller provide for finance teams: Data collection and validation Reconciliations Workflow and tasks to improve the close cycle Currency conversion Minority interest calculations Inter-company eliminations Group closing adjustments Management adjustments Allocations (..)

Finance 52
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Navigating uncertainty: Manage the impact of inflation

Future CFO

By assessing risk positions and gaining insights into commodity price changes and currency conversion rates, businesses can better mitigate financial risks. Technology should be able to unlock cash and working capital assets, uncover savings opportunities in procurement, and ensure hedging and compliance. Preparing for what's next.

IFRS 52
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The Future of Syndicated Lending Demands Specialized Technology

CS Lucas

There are rollover dates, renewal terms, mandatory pre-payments, covenant compliance, reporting deadlines, administration fees, and much more to orchestrate. This covers volumes, rates, currencies, compliance terms, documentation, counterparties, jurisdictions , timelines, and associated analytics.

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Moving Financial Consolidation and Reporting to the Cloud – Webinar Recap

Planful

You’re expanding internationally, which often brings new complexities, such as currency conversions and intercompany eliminations across multiple divisions and subsidiaries. This includes dealing with the following issues: Currency translation. US GAAP, Canadian GAAP, IFRS, etc.). Non-controlling interest and minority ownership.

GAAP 40
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Four Key Technology Trends to Watch in 2024

Bramasol

As of the third quarter of 2023, SAP SE reported cloud revenue was up by 23% at constant currencies, driven mainly by the growth of SAP's combined SaaS and PaaS portfolio. This can be seen clearly in the increased adoption of SAP Cloud-based S/4HANA over recent years.