Bramasol

AUGUST 29, 2022

Market dynamics and uncertainties are making revenues less predicable for MedTech manufacturers, thereby impairing forecasting and planning processes. The shift from CAPX purchase models to subscription based offerings requires medical device manufacturers to adapt their revenue recognition and reporting systems to assure compliance.

IFRS 82

IFRS SAP Manufacturing Compliance 82

Bramasol

JULY 31, 2023

For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

Accounting 81

Accounting SAP GAAP IFRS 81

Bramasol

MAY 16, 2025

Revenue Recognition Compliance: Navigating ASC 606 / IFRS 15 rules for multi-element arrangements and variable consideration. Financial and Compliance Pressure Forecasting & SaaS Metrics Accuracy: Difficulty predicting ARR, churn, and expansion in real-time. IT, finance, end users). SOX compliance) and financial transparency.

SAP 85

SAP IFRS Compliance Auditing 85

Bramasol

JULY 26, 2024

Within the Five-Step model, Step 4 of ASC 606 and IFRS 15 requires an allocation of the total consideration in a contract, which your company is entitled to collect for each distinct performance obligation. Standalone Selling Price: What is SSP, why is it needed, and how is it determined?

SAP 90

SAP IFRS GAAP Compliance 90

CFO Leadership

OCTOBER 10, 2023

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.

Accounting 95

Accounting Finance Auditing IFRS 95

Bramasol

OCTOBER 31, 2023

Bringing an Expanded RevRec "Compliance Mindset" into New Business Models: Even though subscription-based, Digital Solutions Economy (DSE) business models are radically changing many industries, RevRec compliance under ASC 606 and IFRS 15 is still required.

SAP 69

SAP IFRS Compliance Entertainment 69

Bramasol

JUNE 25, 2024

This has enabled clients to smoothly comply with ASC 842 and IFRS 16. Gartner defines FP&A as " a set of four activities that support an organization's financial health: 1) planning and budgeting, 2) integrated financial planning, 3) management and performance reporting, and 4) forecasting and modeling."

Compliance 63

Compliance Accounting Financial Planning and Analysis (FP&A) SAP 63

Future CFO

APRIL 18, 2022

Click on the link to download to discover in detail a list of the benefits that IBM Cognos Controller provide for finance teams: Data collection and validation Reconciliations Workflow and tasks to improve the close cycle Currency conversion Minority interest calculations Inter-company eliminations Group closing adjustments Management adjustments Allocations (..)

Finance 52

Finance IFRS GAAP Accounting Principles 52

CFO Talks

JULY 16, 2024

Held over two days, this year’s event focused on the expanding roles of CFOs in forecasting, planning, and strategic decision-making, highlighting the importance of technological advancements in driving business innovation.

Leadership 52

Leadership CFO IFRS Strategic Planning 52

Bramasol

OCTOBER 31, 2023

Bringing an Expanded RevRec "Compliance Mindset" into New Business Models: Even though subscription-based, Digital Solutions Economy (DSE) business models are radically changing many industries, RevRec compliance under ASC 606 and IFRS 15 is still required.

SAP 52

SAP IFRS Compliance Entertainment 52

CFO Talks

JUNE 7, 2022

Competencies include: Working knowledge of risk management, budget, and forecasting tools. Accounting knowledge (IFRS and taxation). Information quality and control rationalisation are top-of-mind issues for the Steward. Investment and credit risk knowledge. External financial and regulatory reporting knowledge.

CFO 52

CFO IFRS Risk Management Leadership 52

CFO Leadership

OCTOBER 18, 2023

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.

Accounting 52

Accounting Finance Auditing IFRS 52

CFO Talks

AUGUST 21, 2024

Strategic Measure: CFOs should focus on strong cash flow forecasting and planning for different scenarios. Following local tax laws, international financial reporting standards (IFRS), and other rules is essential but challenging.

Corporate Finance 52

Corporate Finance Finance Cash Flow Forecasting IFRS 52

The Finance Weekly

JUNE 17, 2024

The integrated artificial intelligence engine within Planful Predict checks for errors, identifies patterns, and provides intelligent forecast recommendations. Easy Functionality – Projections integrate data science into your financial forecasting and budgeting processes without the need for hiring a data scientist.

Financial Planning and Analysis (FP&A) 52

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

Planful

JANUARY 3, 2017

Orchestrating and managing a rolling forecast process. What-if modeling of different financial or operational scenarios (M&As, reorganizations, new product or market entry, long-range planning, cash flow forecasting, etc.). These customers are able to: Reduce planning and forecasting cycles by up to 50%. Enterprise modeling.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

Planful

JULY 27, 2016

Not being compliant with US GAAP or IFRS. Most cloud-based applications are part of an integrated suite that supports budgeting, planning, forecasting, financial consolidation, reporting and analysis of the business. Challenges in consolidating multiple spreadsheets and correcting errors. Lack of controls and audit trails.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Value-Added Analysis Budgeting 40

Bramasol

SEPTEMBER 8, 2024

The subscription is mapped into a provider contract in CBRR and the billing forecast into a billing plan for the scheduled billings from Subscription Billing. Improved Compliance - Ensures compliance with ASC 606, IFRS 15, and other relevant accounting standards through a robust set of predefined rules and configurable options.

SAP 64

SAP General Ledger Compliance Accounting Standards 64

Future CFO

MAY 15, 2023

They can also gain full cash visibility across the enterprise and predict cash flow with AI-enabled forecasting capabilities, optimising liquidity, accelerating cash flow, and simulating future outcomes. Preparing for what's next. Companies should be prepared for future fluctuations in the economy as uncertainty is here to stay.

IFRS 52

IFRS SAP Accounts Payable Compliance 52

The Finance Weekly

JANUARY 31, 2022

Financial leadership includes strong grip over technical accounting including IAS/IFRS, risk management and compliance, mergers and acquisitions, financial management, financial planning, budgeting & forecasting and integrated financial reporting.

Financial Planning and Analysis (FP&A) 52

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

Planful

SEPTEMBER 6, 2021

Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)-compliant, so you can focus on what matters—telling your company’s financial story. Your financial reports and forecasts should quickly engage shareholders and investors, and manual, Excel-based processes aren’t set up to do that.

Financial Reporting 40

Financial Reporting Valuation IFRS GAAP 40

Onplan

NOVEMBER 30, 2022

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. OnPlan is a financial modeling and forecasting tool built by financial planners and analysts. Budgeting and rolling forecasts, as well as what-if scenario planning. Key features.

Financial Planning and Analysis (FP&A) 52

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

Musings on Markets

OCTOBER 19, 2021

Using the words of IFRS (1.7), ‘ Information is material if omitting, misstating or obscuring it could reasonably be expected to influence decisions that the primary users of general purpose financial statements make on the basis of those financial statements, which provide financial information about a specific reporting entity ’.

Profit and Loss 95

Profit and Loss Accounting Numbers Marketing 95

Bramasol

DECEMBER 13, 2021

They also need to address compliance requirements such as revenue reporting under ASC 606 and IFRS 15, which are still required but can be more complex for DSE business models. Sales – streamlining of sales master data, sales contract management, sales order processing, billing, invoicing, claims, returns, refunds, and sales forecasting.

SAP 52

SAP Compliance Profit and Loss Securities 52

Musings on Markets

JULY 14, 2021

In the years since, disclosure requirements have changed and expanded, with companies in foreign markets creating their own rules in IFRS (International Financial Reporting Standards), with many commonalities and a few differences from GAAP. Of course, but investors know that already and can make their own corrections to these forecasts.

GAAP 52

GAAP Forecasting Accounting Numbers 52

Spreadym

AUGUST 10, 2023

Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Data Visualization: Graphs, charts, and visual representations of financial data to help users better understand trends, patterns, and insights.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) Accounting Standards CFO 52

CFO Talks

OCTOBER 1, 2024

IFRS, US GAAP). Is there a significant difference between US GAAP and IFRS , or are we just being a bit too conservative here in South Africa? We also build forecasts and automate analytical systems for companies. Investment Strategy and Productivity: CFOs play a critical role in deciding how a company allocates its resources.

Leverage 52

Leverage Investments Economics Accounting 52

Musings on Markets

JANUARY 9, 2021

For instance, I have always computed the present value of lease commitments in future years and treated that value as debt, a practice that IFRS and GAAP have adopted in 2019, but that computation requires explicit disclosures of lease commitments in future years.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

CFO Dive

JUNE 16, 2025

The company’s CBAM obligations and purchased certificates have to be accounted for in accordance with global accounting standards like the IFRS or US GAAP. Forecast CBAM impact and budget for compliance The purchase of CBAM certificates carries a significant financial impact.

CFO 241

CFO SAP Compliance Auditing 241

CFO Talks

APRIL 2, 2025

How Understanding Industry Dynamics Gives You a Strategic Edge Most finance professionals spend their days buried in budgets, forecasts, and board packsbut those who rise above the rest understand the bigger picture: the dynamics shaping their industry. Its the same mindset CIBA members need: dont just analyse the nowscan for whats next.

IFRS 52

IFRS CFO Healthcare Numbers 52