Reval

MARCH 7, 2017

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

IFRS Accounting Risk Management Treasury 52

Future CFO

MAY 23, 2021

The post Global IFRS video: Regulatory assets and regulatory liabilities appeared first on FutureCFO. This EY video addresses the IASB’s proposals for the recognition, measurement, presentation and disclosure of regulatory assets, regulatory liabilities, regulatory income and regulatory expense.

IFRS 40

IFRS Auditing Compliance 40

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 66

SAP IFRS Compliance Construction 66

Bramasol

JULY 31, 2023

In order to take these bundling scenarios to an optimal level, medical equipment makers need to leverage more integrated solutions that bring all the backend processes together in a seamless end-to-end environment that meshes with compliance and reporting mandates. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

Accounting 77

Accounting SAP GAAP IFRS 77

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 89

Transportation SAP IFRS Compliance 89

Future CFO

NOVEMBER 2, 2020

China is the most complex jurisdiction for financial compliance in Asia Pacific while Hong Kong is the easiest, said TMF Group recently. Many jurisdictions are moving towards international accounting standards such as International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP).

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

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 Construction 52

Bramasol

SEPTEMBER 12, 2022

Although the initial compliance phase for ASC 606 and IFRS 15 revenue recognition mandates is in the rear-view mirror for most companies, it's important to also keep a focus on the road ahead because optimization of overall RevRec processes across the enterprise will be key to ongoing success.

SAP 85

SAP IFRS Compliance Invoicing 85

Bramasol

AUGUST 29, 2022

The shift from CAPX purchase models to subscription based offerings requires medical device manufacturers to adapt their revenue recognition and reporting systems to assure compliance. How DSE Applies to the Medical Device Sector. to optimize readiness, availability, usage levels, locations, maintenance and remote device management.

IFRS 78

IFRS SAP Manufacturing Compliance 78

CFO Share

NOVEMBER 15, 2023

An audit evaluates: Compliance with accounting standards (GAAP or IFRS.) Risks of fraud or non-compliance. Auditors assess your financial statements’ accuracy, ensuring they are free of material misstatements. The validity and accuracy of financial transactions and records. The efficacy of internal controls.

Auditing 52

Auditing IFRS GAAP Invoicing 52

Future CFO

AUGUST 16, 2022

The ISSB, formed by the International Financial Reporting Standards ( IFRS ) Foundation after last year’s UN climate change conference, COP26, published two exposure drafts (EDs) in March 2022 for comment — one on general requirements and a second on climate disclosures.

IFRS 52

IFRS Accounting Compliance Marketing 52

Future CFO

APRIL 18, 2022

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

Finance IFRS GAAP Accounting Principles 52

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

GAAP, IFRS, and cash base side by side for better visibility. Set spending limits to maintain budget compliance with Sage Intacct Spend Management. Ability to implement user-access controls. Use dimension values to capture your business transactions, operational measures, and budgets in General Ledger. Define your own workflows.

Finance 104

Finance General Ledger IFRS GAAP 104

CFO Leadership

OCTOBER 10, 2023

As AI permeates finance, questions about its compliance with audits and financial governance will arise. Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.),

Finance 95

Finance Accounting Auditing IFRS 95

Future CFO

MARCH 5, 2024

Agriculture, however, falls behind, with 47% of those surveyed in that sector disclosing any form of transition plan.

IFRS 52

IFRS Compliance Leverage Transportation 52

Future CFO

OCTOBER 27, 2020

TMF Group is a global provider of critical compliance and administrative services, with some 7,800 in-house experts across 80-plus jurisdictions. Local GAAP is much more common than international standards such as IFRS, with 71% of APAC jurisdictions taking the more localised approach. Source: TMF 2020.

Accounting 52

Accounting IFRS Auditing GAAP 52

PYMNTS

JULY 9, 2020

That can lead to more complex transactions, with amendments to customer orders and more compliance standards, which RecVue’s product can help streamline. RecVue , meanwhile, boasts a revenue management solution that can help companies going through a period of rapid growth in recurring revenue.

IFRS 65

IFRS Compliance B2B Accounting Firms 65

CFO Leadership

OCTOBER 18, 2023

As AI permeates finance, questions about its compliance with audits and financial governance will arise. Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.),

Finance 52

Finance Accounting Auditing IFRS 52

Future CFO

MAY 15, 2023

Technology should be able to unlock cash and working capital assets, uncover savings opportunities in procurement, and ensure hedging and compliance. Effective hedge accounting strategies can be executed with real-time visibility into FX and interest rate exposures, ensuring compliance with regulations such as EMIR and IFRS 9.

IFRS 52

IFRS SAP Accounts Payable Compliance 52

CFO Talks

JUNE 7, 2022

The Steward must ensure company compliance with financial reporting and control requirements. Accounting knowledge (IFRS and taxation). Information quality and control rationalisation are top-of-mind issues for the Steward. Competencies include: Working knowledge of risk management, budget, and forecasting tools.

CFO 52

CFO IFRS Leadership Risk Management 52

Bramasol

JANUARY 27, 2023

In 2018, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) announced the release of new accounting standards, ASC 842 and IFRS 16, that redefined how organizations must account for leases.

Compliance 87

Compliance IFRS SAP Accounting Standards 87

The Finance Weekly

JANUARY 31, 2022

Financial leadership includes strong grip over technical accounting including IAS/IFRS, risk management and compliance, mergers and acquisitions, financial management, financial planning, budgeting & forecasting and integrated financial reporting.

Financial Planning and Analysis (FP&A) 52

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

Bramasol

FEBRUARY 29, 2024

Instead, the Comply, Optimize, Transform approach inherently keeps the future in mind by emphasizing integration of compliance solutions within the overall business operations, while also laying the groundwork for future transformation.

SAP 59

SAP IFRS Compliance Leverage 59

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 86

Accounting Principles IFRS SAP Accounting 86

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 Forecasting 116

Bramasol

AUGUST 31, 2023

Over the past eight years, many episodes in this blog series have focused on revenue recognition and how SAP solutions such as Revenue Accounting and Reporting (RAR) have provided a robust foundation for compliance with ASC 606 and IFRS 15.

SAP 91

SAP Accounting Reconciliations General Ledger 91

CS Lucas

NOVEMBER 29, 2023

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.

Technology 52

Technology Treasury IFRS Compliance 52

Bramasol

OCTOBER 26, 2021

From the beginning of any project, we believe that compliance should never be addressed by using ad hoc or limited scope approaches because such short-term thinking invariably results in process inefficiencies, manual offline workarounds, and a lack of forward migration capabilities. Overview of Comply, Optimize, Transform.

SAP 88

SAP IFRS Compliance Treasury 88

Bramasol

MARCH 24, 2022

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021. and also identified as one the Five Key Trends to Watch in 2022.

Accounting 83

Accounting SAP Analyzing Data IFRS 83

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.

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

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 79

SAP General Ledger IFRS Compliance 79

CFO Talks

DECEMBER 26, 2021

So that you will eventually have the CFO focusing on three reporting areas, the traditional IFRS, then secondly, business efficiencies, and then because of the difficult economic circumstances we are in, the only way that you can still maintain the bottom line is through better efficiencies. You’ve mentioned the PIC.

CFO 40

CFO Profit and Loss Finance Accounting 40

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 Compliance Profit and Loss 52

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 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 IFRS 52

Planful

SEPTEMBER 5, 2019

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. It integrates with other on-premise and cloud-based business systems to eliminate cut-and-paste tedium and human error.

Financial Reporting 40

Financial Reporting IFRS GAAP Auditing 40

Planful

AUGUST 1, 2017

US GAAP, Canadian GAAP, IFRS, etc.). Our Consolidation module also helps reduce costs of compliance by generating a broad range of financial statements, with all of the right controls and audit trails to document each step in the process. This includes dealing with the following issues: Currency translation. External board reporting.

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40