Future CFO

MAY 1, 2024

As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary. It’s always a challenge when you start to implement a new technology,” Ramon concedes.

Leadership 98

Leadership IFRS Finance Communication 98

CFO Leadership

OCTOBER 18, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. For instance, could financial statements generated by ChatGPT withstand audit scrutiny? Whether ChatGPT applications could pass a SOC-1 audit, a crucial certification for control over financial reporting, remains to be seen.

Finance 52

Finance Accounting Auditing IFRS 52

Future CFO

MARCH 5, 2024

Sectors exposed to the greatest climate risk unsurprisingly have the most detailed plans, and these include energy (78%), mining (29%), transport (42%), and telecommunications and technology (43%). Agriculture, however, falls behind, with 47% of those surveyed in that sector disclosing any form of transition plan.

IFRS 52

IFRS Compliance Leverage Transportation 52

PYMNTS

JUNE 10, 2019

Reports in The Block Crypto late last week said a group of California CPAs has sent a letter to the Financial Accounting Standards Board, a federal board that sets Generally Accepted Accounting Principles (GAAP), requesting that it consider establishing a task force to address a lack of clarity in cryptocurrency accounting standards.

Accounting 51

Accounting IFRS GAAP Accounting Standards 51

Bramasol

MARCH 24, 2022

From a global perspective, the International Sustainability Standards Board (ISSB) is also working on developing uniform financial reporting rules. ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021.

Accounting 80

Accounting SAP Analyzing Data IFRS 80

The Finance Weekly

JANUARY 31, 2022

Effective practices in this indispensable aspect of business can be defined by 4 categories; personal leadership, technological leadership, operational understanding, financial competency and strategic capacity. Technological leadership. This facet of financial leadership is particularly important in today’s peculiar context.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leadership IFRS Budgeting 52

The Finance Weekly

MARCH 28, 2022

Continue reading to learn what ESG reporting is, what's new with ESG reporting standards, why Finance teams should care, and the five benefits of aligning ESG and financial reporting. But other considerations, however, are pushing increased CFO involvement in ESG reporting.

Finance 52

Finance Auditing Accounting Standards IFRS 52

Future CFO

NOVEMBER 2, 2020

Jurisdictions in APAC lag significantly behind the adoption of technology to streamline and simplify processes. For example, 70% of jurisdictions in South America mandate electronic transaction reporting, yet this is only the case for two jurisdictions in APAC (15%) – India and South Korea.

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

PYMNTS

DECEMBER 16, 2016

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. But technological advances mean that there can be better integration between the two, he said.

IFRS 74

IFRS Reconciliations GAAP Accounting Standards 74

Jedox Finance

JULY 11, 2023

In 2022, requirements related to several ESG issues accelerated with the European Financial Reporting Advisory Group (EFRAG) approving the European Sustainability Reporting Standards (ESRS). The standards are designed to bring sustainability reporting on par with financial reporting over time.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Profit and Loss Compliance 52

Onplan

NOVEMBER 30, 2022

Our guide to the best FP&A tools compares each vendor based on five criteria: Adoption — How easy it is for users to adopt the technology and learn and leverage its full extent of features and capabilities. When it comes to reliability, OnPlan is built on the latest cloud-scale database technologies.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52

CFO Talks

DECEMBER 26, 2021

The way you would do that is obviously through technology, so there’s a big focus area for CFOs. So it’s interesting that the focus isn’t only on climate change and reporting thereon and how to reduce emissions, but also on business efficiencies.

CFO 40

CFO Profit and Loss Finance Accounting 40