CFO Talks

FEBRUARY 25, 2025

The Role of IFRS in Simplifying Cross-Border Financial Reporting In todays interconnected world, businesses are no longer confined by borders. While this global reach brings opportunities, it also comes with challengesespecially when it comes to financial reporting. What is IFRS Compliance? Heres why: 1.

IFRS

CFO Talks

NOVEMBER 20, 2024

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.

IFRS

Cube Software

APRIL 3, 2025

The consolidation process typically includes aggregating financial results, eliminating intercompany transactions, handling currency conversions, and ensuring compliance with accounting standards like the International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Principles GAAP.

IFRS

CFO Talks

AUGUST 6, 2025

Before setting up shop, understand: Which financial reporting standards apply (e.g. IFRS, local GAAP)? Cash Flow and Currency Risk Cash doesn’t move freely across all borders. Technology and Data Integration Your finance systems must support multi-entity, multi-currency, and multi-GAAP reporting.

Foreign Exchange

Future CFO

JUNE 19, 2025

Harmonising financial reporting and compliance Finding the balance between financial reporting and compliance across multiple jurisdictions, while trying to comply to global standards such US GAAP and IFRS with local tax regimes and regulatory requirements without overburdening local teams can be such a huge task for many organisations.

Finance

CFO Talks

JANUARY 27, 2025

So, for example, they would be the liaison for the IFRS Foundation either through the ISB, so the International Accounting Standards Board, or the International Sustainability Standards Board as an example. I once did a analysis of the IFRS Foundation’s budget. And then you can see the all the countries that contribute.

CFO

PYMNTS

JUNE 10, 2019

” The committee also suggested in its letter that standards approach cryptocurrency accounting the same way they would for a corporation holding and using foreign currencies. Reports noted that Facebook is expected to introduce its own stablecoin with an array of global currencies. GAAP,” the letter stated.

Accounting