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IFRS 17 disclosures improvements needed: FRC

Future CFO

The Financial Reporting Council (FRC) calls for IFRS 17 disclosures improvements in its recently published IFRS 17 'Insurance Contracts' thematic review. The IFRS 17 disclosures improvements that FR C expects include the following. The post IFRS 17 disclosures improvements needed: FRC appeared first on FutureCFO.

IFRS 52
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IBM Cognos Controller: Financial close management managed by the office of finance

Future CFO

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
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How to Comply with Accounting Standards for Nonprofits

The Charity CFO

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. Do You Struggle to Make Sense of Your Financial Statements? Get the free guide!

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Closing The Books, With An Eye On Process And Automation

PYMNTS

In a survey conducted by the Institute of Management Accountants (IMA), and sponsored by Blackline, titled “Process Automation in Accounting and Finance,” examining the attitudes and concerns of 750 financial professionals surrounding accounting and month-end closing processes, manual activities remain prevalent — at the cost of time and money.

IFRS 74
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Relieving the Pain of Year-End Close and Reporting

Planful

With the right tools and processes in place, the year-end close and reporting process can be less stressful and painful for the Finance team, maybe – dare I say it – even something you look forward to. Intercompany reconciliations were a nightmare, with many phone calls to the foreign subs. Watch the Webinar Replay. Ah, the memories!

IFRS 40
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Want a Smoother Year-End Close? Get it Right Each Month and Quarter

Planful

From the collection and consolidation of financial results, to the creation of year-end financial statements, to audits and regulatory filings – finance teams are often distraught throughout the process. These results then require consolidation following US GAAP or IFRS guidelines. Attend to Reconciliations Early.

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Making the Business Case for Cloud-Based Planning and Reporting

Planful

Not being compliant with US GAAP or IFRS. Streamline adjustments and intercompany reconciliations by 50 – 80%. Finance time shifts to value-added analysis, reduce hiring needs. Challenges in consolidating multiple spreadsheets and correcting errors. Limited reporting and analysis capabilities, and too much manual effort.