article thumbnail

Transcript: Velina Peneva, Swiss Re Chief Investment Officer

The Big Picture

00:33:48 [Speaker Changed] So economic returns is, you know, if you have a bond and you know the market value of that bond moves in a negative direction, even if it pays your yield, you know, net net, you might be losing economic value on holding that position in IFRS. Right, exactly. So be it healthcare, right.

article thumbnail

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

CFO Talks

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
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

The 6 things every CFO should do to prepare for CBAM

CFO Dive

The company’s CBAM obligations and purchased certificates have to be accounted for in accordance with global accounting standards like the IFRS or US GAAP. With the Trump administration embracing digital assets, finance leaders need to get educated on the potential risk and reward of cryptocurrencies and stablecoins. Should CFOs?

CFO
article thumbnail

Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

This makes them versatile tools in various fields such as education, customer service, and even creative writing. 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.),

article thumbnail

Why IAS 38 is Hindering South Africa’s Growth: A Call for Change

CFO Talks

Similarly the South African Financial Reporting Standards Council (FRSC) has adopted a blanked adoption approach to IFRS and IAS with very little effort to consider if the standards will contribute to local economic growth and employment. The Road Ahead: South Africa Must Value Its Innovation South Africa is at a turning point.

article thumbnail

Stronger momentum needed for sustainable financing in Southeast Asia

Future CFO

Lim says this gap can be attributed to several factors, including the need for more robust policy frameworks, consistently adopted taxonomies, greater awareness and education on corporate sustainability, and the demand for innovative sustainable financing solutions tailored to the diverse needs of businesses across Southeast Asia.

article thumbnail

Unveiling the 7th Annual CFO Africa: A Showcase of Financial Leadership and Innovation 

CFO Talks

Nicolaas emphasized CIBA’s role in supporting CFOs and finance professionals through education, resources, and a strong professional network. Key Highlights Dr. Suresh Kana’s Session : Dr. Kana discussed new developments around IFRS S1 and S2, focusing on sustainability-related disclosures.