article thumbnail

Medical Device Makers Leverage SAP Cloud ERP for New Business Models

Bramasol

Accounting standards such as ASC 606 and IFRS 15 provide guidance, but medical device companies must navigate specific nuances for different models. Solution: The company must assess the lease terms to determine if the contract includes a transfer of ownership, a right of use, or a substantial portion of the economic life of the asset.

SAP 82
article thumbnail

CIMA unveils upgraded CGMA professional qualification for modern finance

Future CFO

research and the World Economic Forums Future of Jobs Report 2025 , which predict that combining technology and human insight will be crucial for career success in the knowledge economy and essential for future accounting and finance roles. The move comes following the findings of AICPA & CIMAs Future of Finance 2.0

Finance 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

IFRS Accounting Standard Will Support Better Investment Decisions

CFA Institute

He has a degree in economics, University College, Durham, UK. Before this, he worked at a number of asset management firms including Schroders and Insight Investment. Anderson was a member of the UK Accounting Standards Board from 2007 to 2013 and a founding member of the Corporate Reporting Users’ Forum (CRUF).

article thumbnail

Future-proofing the finance infrastructure

Future CFO

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 52
article thumbnail

Transcript: Velina Peneva, Swiss Re Chief Investment Officer

The Big Picture

Bachelor’s in economics and a BS in computer science from Wellesley in Boston and then an MBA from Harvard Business School. So it was Pascal then c plus plus, and then I took an economics class and that’s when the lights went off because it was a very mathematical field in many ways, but also with a link to the Rio economy.

article thumbnail

David Wray: Navigating ESG, Sustainability, and the Evolving Role of CFOs

CFO Talks

CFOs must address sustainability challenges while fostering economic development in their contexts. Resilience and Agility: The Future for CFOs David concluded with advice on navigating geopolitical tensions and economic changes, stressing the need for resilience and agility. And then you can see the all the countries that contribute.

CFO 52
article thumbnail

Data Update 8 for 2025: Debt, Taxes and Default - An Unholy Trifecta!

Musings on Markets

It was only in 2019 that the accounting rule-writers (IFRS and GAAP) finally did the right thing, albeit with a myriad of rules and exceptions. The key test for companies will remain the economy, and the question of whether firms have over borrowed will be a global economic slowdown or recession.