CFO Leadership

OCTOBER 10, 2023

Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.), SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.),

Finance 95

Finance Accounting Auditing IFRS 95

Future CFO

OCTOBER 27, 2020

Local GAAP is much more common than international standards such as IFRS, with 71% of APAC jurisdictions taking the more localised approach. Source: TMF 2020.

Accounting 52

Accounting IFRS Auditing GAAP 52

CFO Leadership

OCTOBER 18, 2023

Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.), SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.),

Finance 52

Finance Accounting Auditing IFRS 52

Future CFO

NOVEMBER 2, 2020

Many jurisdictions are moving towards international accounting standards such as International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP). Across these regions, local GAAP is more common than international standards, required in 71% and 44% of jurisdictions respectively.

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

PYMNTS

DECEMBER 16, 2016

This is especially true when multinationals must reconcile data across different accounting standards, such as GAAP and IFRS. Thus, the report concluded, firms would benefit from what is known as continuous accounting, where traditional month-end processes would be accelerated to occur more often and more rapidly.

IFRS 74

IFRS Reconciliations GAAP Accounting Standards 74

Planful

JULY 5, 2016

However, the revenue recognition guidance offered under US GAAP vs. IFRS has differed and was in need of improvement. In May of 2014 , the two bodies issued their converged guidance under ASC 606 and IFRS 15. Background – What’s Changing and When?

Budgeting 40

Budgeting IFRS Planning GAAP 40

Planful

JANUARY 19, 2016

Consolidating the financial results following US GAAP or IFRS guidelines, including these steps: Performing currency conversions. Ability to consolidate results according to US GAAP, IFRS, and other guidelines – within minutes. Managing complex intercompany reconciliations. Correctly accounting for minority interests.

IFRS 40

IFRS GAAP Reconciliations Auditing 40

Michigan CFO

MARCH 21, 2023

Oops, You Just Missed Out on Thousands… When goodwill valuations stand up to investor scrutiny, you can unlock the true potential of your business Maximize Your Goodwill Examples of Goodwill Assets Examples of intangible assets that can be classified as goodwill in the sale of a business include: Brand reputation Earning capacity Customer loyalty Employee (..)

Valuation 40

Valuation CFO IFRS GAAP 40

Planful

JULY 27, 2016

Not being compliant with US GAAP or IFRS. Challenges in consolidating multiple spreadsheets and correcting errors. Limited reporting and analysis capabilities, and too much manual effort. Lack of controls and audit trails. Lack of security. Time-consuming and costly audit process.

Financial Planning and Analysis (FP&A) 40

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

CFO News Room

JANUARY 18, 2023

IFRS and GAAP now treat as leases as debt, but that is still not the case in many other markets that are not covered by either standard). The numbers yield interesting insights. .

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

Planful

FEBRUARY 21, 2017

These results then require consolidation following US GAAP or IFRS guidelines. It usually begins with the collection of financial results from multiple systems, divisions, and subsidiaries with each having their own charts of accounts and business practices.

Reconciliations 40

Reconciliations IFRS GAAP Leverage 40

Bramasol

JUNE 10, 2022

For example, a company with branches doing business in the United States and the European Union will need to comply with both GAAP and IFRS accounting principles. Other key factors include where the company stands with regard to implementing new accounting standards (ASC 606, IFRS 15, ASC 842, IFRS, 16, etc.)

Accounting Principles 86

Accounting Principles IFRS SAP Accounting 86

https://trustedcfosolutions.com/feed/

FEBRUARY 18, 2022

Financial governance allows your organization to meet compliance requirements, such as IFRS and GAAP updates, by having the right financial controls in place. For single and multiple family offices, governance is key to financial success and is an important element of your organizational structure.

GAAP 116

GAAP IFRS Compliance Forecasting 116

Musings on Markets

FEBRUARY 27, 2022

IFRS and GAAP now treat as leases as debt, but that is still not the case in many other markets that are not covered by either standard). The numbers yield interesting insights.

Hurdle Rate 80

Hurdle Rate Investments Accounting Entertainment 80

Musings on Markets

JULY 14, 2021

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

GAAP Forecasting Accounting Numbers 52

The Charity CFO

JANUARY 19, 2023

In the United States, these Generally Accepted Accounting Principles (or GAAP) are set by the Financial Accounting Standards Board (FASB). First, nonprofits must follow GAAP, the Generally Accepted Accounting Principles. NPOs must adhere to these accounting policies to remain compliant with the law and maintain their tax-exempt status.

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 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

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.

Financial Reporting 40

Financial Reporting Valuation IFRS GAAP 40

Planful

SEPTEMBER 5, 2019

Planful gives you a robust library of report templates to build the foundation of GAAP and IFRS-compliant balance sheets, income statements, statements of cash flow, and other financial and statutory reports. It integrates with other on-premise and cloud-based business systems to eliminate cut-and-paste tedium and human error.

Financial Reporting 40

Financial Reporting IFRS GAAP Auditing 40

Planful

AUGUST 1, 2017

Multi-GAAP reporting (i.e., US GAAP, Canadian GAAP, IFRS, etc.). This includes dealing with the following issues: Currency translation. Non-controlling interest and minority ownership. Intercompany reconciliations. Then there are complexities in reporting to multiple stakeholders: Internal management reporting.

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40

Planful

JUNE 22, 2017

GAAP or International Financial Reporting Standards (IFRS). Here are the key accounting consolidation steps in the finance consolidation process : Collecting trial balance data (e.g., Assets, Liabilities, Equity, Revenue, and Expense accounts) from multiple general ledger systems, and mapping it to a centralized chart of accounts.

Accounting 40

Accounting General Ledger IFRS GAAP 40

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) CFO Accounting Standards 52

Musings on Markets

OCTOBER 6, 2023

In sum, the accounting obsession with intangibles, and how best to deal with them, has not translated into material changes on balance sheets, at least with GAAP in the United States.

Valuation 104

Valuation Profit and Loss Accounting Investments 104

Planful

JANUARY 3, 2017

These systems provide built-in support for complexities such as currency translation, intercompany eliminations, and reporting under multiple accounting guidelines, such as US GAAP or IFRS.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

Onplan

NOVEMBER 30, 2022

Automated reporting also enforces compliance with GAAP and IFRS standards. Automated financial reporting: Planning Maestro uses built-in accounting logic to automate financial reporting, including KPI and variance analysis.

Financial Planning and Analysis (FP&A) 52

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