Remove Forecasting Remove GAAP Remove IFRS Remove Investments
article thumbnail

Family Office Financial Management

https://trustedcfosolutions.com/feed/

Financial governance allows your organization to meet compliance requirements, such as IFRS and GAAP updates, by having the right financial controls in place. Investing in multiple asset classes and across multiple entities can be complex if the right systems aren’t in place.

GAAP 116
article thumbnail

Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

With the pending release of ChatGPT plugins that can do everything from browse the internet to write computer code, an array of additional functionalities such as real-time analytics, advanced forecasting, and intelligent customer service are coming in the very near future. With a large and diverse enough data set (e.g.

Finance 95
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

TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

With the pending release of ChatGPT plugins that can do everything from browse the internet to write computer code, an array of additional functionalities such as real-time analytics, advanced forecasting, and intelligent customer service are coming in the very near future. With a large and diverse enough data set (e.g.

Finance 52
article thumbnail

Making the Business Case for Cloud-Based Planning and Reporting

Planful

Are you wondering how best to make the business case to your company for investing in a cloud-based planning or reporting solution? Not being compliant with US GAAP or IFRS. So how do you make the business case for investing in cloud-based EPM applications to your senior management? Lack of controls and audit trails.

article thumbnail

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

Spreadym

Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Vendor Lock-in: Once invested in IBM Cognos Analytics, transitioning to a different reporting tool could be challenging due to the potential for vendor lock-in.

article thumbnail

Disclosure Dilemma: When more (data) leads to less (information)!

Musings on Markets

Almost in parallel, accounting as a profession found its footing and worked on creating rules that would apply to reporting, at least at publicly traded companies, with GAAP (Generally Accepted Accounting Principles) making its appearance in 1933.

GAAP 52
article thumbnail

10 Best FP&A Software Tools: A Comprehensive Buyer’s Guide [2023]

Onplan

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. Key features — The top features each platform is known for or has invested in. OnPlan is a financial modeling and forecasting tool built by financial planners and analysts. Key features.