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A Fresh Look at Ongoing ESG and Carbon Accounting Developments

Bramasol

The CSRD is intended to revamp and expand information that was already required to be reported since 2017 under the EU’s existing Non-Financial Reporting Directive (NFRD). As an SAP partner for over 26 years, Bramasol is closely tracking SAP's proactive actions to deliver comprehensive ESG and carbon accounting solutions.

IFRS 87
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This FP&A Factor will Cost US Businesses $7,800,000,000 in 2022

The Finance Weekly

A study by the University of Baltimore and Excel-based FP&A company, , DataRails , lays out the full economic costs of businesses sticking with manually prepared financial reports. billion is the first number that came out of the research and this represents the total amount of money lost by manual financial work.

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Standards for Carbon Accounting are Beginning to Take Shape

Bramasol

Certain climate-related financial statement metrics and related disclosures in a note to its audited financial statements; and ? Information about climate-related targets and goals, and transition plan, if any. For more details, read the SEC fact-sheet Enhancement and Standardization of Climate-Related Disclosures.

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How to Simplify Consolidated Financial Statements

Planful

Finding ways to overcome these hurdles is critical since consolidated financial statements hold much power. Investing in innovative technology, such as a cloud-based planning and consolidation platform, gives your finance teams the support they need for financials. Keep Up With Compliance as Your Company Scales. The solution?