Future CFO

JUNE 12, 2024

Stephen Adams , director in the Gartner Finance practice, says: “ESG reporting is more widely watched than many CFOs realise. For example, he notes that the ISSB’s IFRS S1 and S2, which were issued in June 2023, fully incorporate the TCFD recommendations. This will improve consistency and comparability amongst organisations.

Compliance 98

Compliance IFRS Risk Management Finance 98

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

Suppose your company finances are complicated and include multiple entities or locations. GAAP, IFRS, and cash base side by side for better visibility. Set spending limits to maintain budget compliance with Sage Intacct Spend Management. The post How Complex Are Your Business Finances? No two businesses are exactly alike.

Finance 104

Finance General Ledger IFRS GAAP 104

CFO Talks

AUGUST 21, 2024

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.

IFRS 52

IFRS Profit and Loss Communication Credit Risk 52

CFO Talks

MARCH 5, 2025

Every business must follow certain rules when reporting its finances, and these rules change depending on the industry. Knowing the specific rules for your industry helps you prepare in advance and avoid compliance issues. Keep track of reporting deadlines Use a compliance calendar so you never miss a submission.

IFRS 52

IFRS Auditing Compliance Financial Data 52

Reval

MARCH 7, 2017

IFRS 9 is changing hedge accounting forever. A recent Reval survey shows that 70% of finance teams say that they have or will implement new hedging strategies as a result of the new standard. IFRS 9 Advantages in a Nutshell. Finance professionals had to hedge for all risks, rather than for just the aluminum component.

IFRS 52

IFRS Accounting Risk Management Treasury 52

CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Accounting 95

Accounting Finance Auditing IFRS 95

Bramasol

SEPTEMBER 29, 2023

According to a PwC 2022 Global Digital CFO Survey , 73% of CFOs agree that digitalization of the finance function is a high priority and already 18.5% Globalization CFOs have long needed to assure compliance with two different standards-setting bodies. of the CFO’s time is devoted to digitalization.

Technology 100

Technology IFRS SAP Compliance 100

https://trustedcfosolutions.com/feed/

FEBRUARY 18, 2022

Maintaining accurate records across a diversified portfolio can be a considerable challenge in terms of compliance, transparency, and risk. Financial governance allows your organization to meet compliance requirements, such as IFRS and GAAP updates, by having the right financial controls in place.

GAAP 116

GAAP IFRS Compliance Accounting 116

Future CFO

FEBRUARY 11, 2020

South Korea life insurance firm Kyobo Life has implemented a high-performance computing platform for IFRS 17 and K-ICS financial reporting compliance, said AON recently. The post IFRS 17: South Korean insurer implements a computing platform for compliance appeared first on FutureCFO.

IFRS 40

IFRS Compliance Risk Management Economics 40

Bramasol

JULY 22, 2023

Global ESG Regulatory Requirements One of the major ESG compliance developments to watch is the US Securities and Exchange Commission (SEC) proposed regulation on Climate-Related Disclosures and ESG Investing. IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term.

IFRS 92

IFRS Accounting SAP Compliance 92

Bramasol

JUNE 10, 2022

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. They also likely will face different taxation structures for specific countries or even local jurisdictions. Controlling (CO).

Accounting Principles 90

Accounting Principles IFRS Accounting SAP 90

Bramasol

MAY 16, 2025

Revenue Recognition Compliance: Navigating ASC 606 / IFRS 15 rules for multi-element arrangements and variable consideration. Data Silos: Aligning product usage, support, CRM, billing, and finance data across platforms. IT, finance, end users). SOX compliance) and financial transparency. APIs, cloud providers).

SAP 85

SAP IFRS Compliance Auditing 85

Bramasol

JULY 26, 2024

In this episode, we dive into five issues that are at the heart of optimizing Quote-to-Cash to Compliance with SAP Revenue Recognition and subscription management applications, including complex bundling scenarios. Closing and Reporting: How can we shorten our periodic closing cycles while assuring reporting and disclosure compliance?

SAP 90

SAP IFRS GAAP Compliance 90

Bramasol

SEPTEMBER 26, 2022

For example, SAP Revenue Accounting & Reporting (RAR) streamlines and simplifies accounting and reporting of complex revenue streams under ASC 606 / IFRS 15 and SAP Contract & Lease Management (CLM) provides asset management and accounting compliance for ASC 842 / IFRS 16. Implementing Anything-as-a-Service (XaaS).

Transportation 92

Transportation SAP IFRS Compliance 92

CFO Talks

AUGUST 28, 2024

Navigating South Africa’s Reporting Maze: What Every CFO Needs to Know Navigating the complex landscape of regulatory reporting in South Africa can be daunting, especially for CFOs who bear the responsibility of ensuring compliance while also driving strategic financial decisions.

CFO 83

CFO Auditing Compliance IFRS 83

Future CFO

APRIL 18, 2022

Finance organizations regularly face the challenges of meeting strict deadlines and satisfying data quality requirements for closing the books and delivering accurate financial statements. It enables finance teams to automate and accelerate the financial close with minimal IT support. DOWNLOAD NOW.

Finance 52

Finance IFRS GAAP Accounting Principles 52

CFO Talks

SEPTEMBER 5, 2024

It’s essential to engage with various stakeholders—including finance teams, auditors, and even IT professionals—to identify the specific needs that your system must address. A user-friendly interface can significantly reduce the learning curve and increase the system’s adoption rate among your finance team.

IFRS 98

IFRS GAAP Compliance Reconciliations 98

CFO Talks

AUGUST 21, 2024

Anticipating Financial Challenges: Strategic Measures for Corporate Finance As a CFO in South Africa or elsewhere in Africa, you’re no stranger to the financial hurdles that come your way. Regulatory Compliance and Taxation Challenge: The regulatory environment in Africa is complex and can change quickly.

Corporate Finance 52

Corporate Finance Finance Cash Flow Forecasting IFRS 52

Future CFO

MAY 1, 2024

As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary.

Leadership 98

Leadership IFRS Finance Communication 98

Bramasol

OCTOBER 31, 2023

Augmented in recent years by our additional specialization in SAP Quote-to-Cash solutions, Bramasol now offers a unique approach for integrating both frontend customer-facing processes and backend compliance processes within a unified approach that can adapt and scale to virtually any requirements.

SAP 69

SAP IFRS Compliance Entertainment 69

CFO Talks

SEPTEMBER 26, 2024

It outlines compliance requirements such as annual financial statement submissions, director duties, and shareholder rights. CFOs must ensure compliance with various tax deadlines, proper record-keeping, and adherence to SARS guidelines to avoid penalties and interest charges.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Accounting 52

Accounting Finance Auditing IFRS 52

Jedox Finance

JULY 11, 2023

Jochen Heßler, Senior Director, Product Management, Jedox Environmental, social, and governance (ESG) has emerged as an important initiative for organizations worldwide as they strive to implement sustainable practices, achieve compliance, and demonstrate substantive value to customers, employees, and investors.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Profit and Loss Compliance 52

CS Lucas

NOVEMBER 29, 2023

Syndicated lending has grown rapidly over the past decade to become an essential source of financing for large corporations and institutions. For borrowers, syndicates allow more access to financing with potentially better terms than direct bi-lateral agreements. Keeping tabs manually exposes tremendous operational risk.

Technology 52

Technology Treasury IFRS Compliance 52

Bramasol

SEPTEMBER 8, 2024

With a 28 year track record as one of SAP's longest serving partners and the recognized experts in SAP revenue compliance and SAP BRIM/OTC offerings , the Bramasol team has deep experience tailoring SAP solutions to specific client requirements.

SAP 64

SAP General Ledger Compliance Accounting Standards 64

Bramasol

NOVEMBER 13, 2023

For example, at Bramasol we made a decision over a decade ago to focus on SAP finance solutions for the office of the CFO, with a specific emphasis on the new revenue recognition compliance requirements in ASC 606 and IFRS 15.

SAP 82

SAP General Ledger IFRS Compliance 82

Bramasol

OCTOBER 31, 2023

Augmented in recent years by our additional specialization in SAP Quote-to-Cash solutions, Bramasol now offers a unique approach for integrating both frontend customer-facing processes and backend compliance processes within a unified approach that can adapt and scale to virtually any requirements.

SAP 52

SAP IFRS Compliance Entertainment 52

CFO Talks

JUNE 7, 2022

As a professional body, SAIBA offers the only official designation for Finance Executives, as registered by SAQA. Due to this unique position, we need to ensure that the Finance Executive that earns our acclaimed CFO(SA) designation , is ready for the future of finance. Accounting knowledge (IFRS and taxation).

CFO 52

CFO IFRS Risk Management Leadership 52

CFO Share

NOVEMBER 15, 2023

As a small business owner or finance manager, it’s crucial to approach this process with a clear plan. An audit evaluates: Compliance with accounting standards (GAAP or IFRS.) Risks of fraud or non-compliance. Embarking on your first financial audit can be nerve-wracking. What Do Financial Auditors Look For?

Auditing 52

Auditing IFRS GAAP Invoicing 52

The Charity CFO

JANUARY 19, 2023

There are ongoing efforts to establish International Financial Reporting Standards (IFRS) for nonprofits, which, if successful, could result in greater consistency and comparability of financial information across countries. Creating procedures for taking corrective action when necessary. Get the free guide!

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

CFO Talks

SEPTEMBER 17, 2024

For CFOs, ensuring that financial data is accurate, secure, and easily accessible is essential to driving sound decision-making and maintaining regulatory compliance. A CFO in an agricultural business ensures that the finance team receives ongoing training on the use of new reporting software and updates.

Financial Reporting 52

Financial Reporting Auditing CFO Compliance 52

Future CFO

MAY 15, 2023

According to a recent Gartner report , a majority of finance leaders surveyed believe that inflation is here to stay for the next few years. At SAP, my role is to guide finance leaders on their digital transformation journeys, and one of the key components nowadays is to manage inflation. In short, uncertainty is the new norm.

IFRS 52

IFRS SAP Accounts Payable Compliance 52

The Finance Weekly

JANUARY 31, 2022

Personal leadership is a critical facet of a CFO’s performance which is often ignored by many finance professionals aspiring to take leadership roles. Best way to build your strategic mindset is by asking the right strategic result-oriented questions from the right people within non-finance business functions. Operational leadership.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leadership IFRS Budgeting 52

Bramasol

DECEMBER 13, 2021

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.

SAP 52

SAP Compliance Profit and Loss Securities 52

Planful

SEPTEMBER 5, 2019

They throw finance bodies at the task of requesting, gathering, collating, and organizing the required data. Planful gives you a robust library of report templates to build the foundation of GAAP and IFRS-compliant balance sheets, income statements, statements of cash flow, and other financial and statutory reports.

Financial Reporting 40

Financial Reporting IFRS GAAP Auditing 40

Planful

AUGUST 1, 2017

If the latter is the case, Planful recently held a webinar focused on how you can automate and accelerate the financial close, consolidation, and reporting process and free up more Finance time for value-added analysis. Many Finance professionals may think that only large enterprises need a formal financial consolidation process and system.

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40

CFO Talks

DECEMBER 26, 2021

Before that, Daniel was a finance lead and senior project manager at the world’s largest brewer, Anheuser Busch in the Czech Republic, which, of course, is fairly well known to South Africans. After my degree I got employed by a company called Fox5 as a finance manager and worked there for five years.

Manufacturing 75

Manufacturing CFO Budgeting IFRS 75