article thumbnail

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.

IFRS 52
article thumbnail

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

Future CFO

The post IBM Cognos Controller: Financial close management managed by the office of finance appeared first on FutureCFO. DOWNLOAD NOW.

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

Closing The Books, With An Eye On Process And Automation

PYMNTS

A key part of business life is getting the books closed on time, with clean financial reporting that allows a high-level and granular view of what needs to be done next. And yet, it remains key to have access to, and reconciliation of, data that ranges from sales to travel expenses.

IFRS 74
article thumbnail

Making the Business Case for Cloud-Based Planning and Reporting

Planful

Limited reporting and analysis capabilities, and too much manual effort. Not being compliant with US GAAP or IFRS. The next logical step is to replace the spreadsheet-based process with purpose-built enterprise performance management (EPM) applications designed to streamline budgeting, planning, and financial reporting.

article thumbnail

The 5 Best Financial Reporting Software to Enhance the Productivity of CFO

Spreadym

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. What is financial reporting software?

article thumbnail

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!

article thumbnail

Moving Financial Consolidation and Reporting to the Cloud – Webinar Recap

Planful

According to a 2014 study by APQC benchmarking the financial close process, the bottom performers took 12 days or more to close and report their results to management. Then there’s additional time spent on external financial reporting and filings. Intercompany reconciliations. Multi-GAAP reporting (i.e.,

GAAP 40