PYMNTS

JUNE 10, 2019

Certified Professional Accountants (CPAs) in California are calling on an industry watchdog to clarify standards for cryptocurrency accounting, with expectations that corporations will increase their use of cryptocurrencies moving forward. GAAP,” the letter stated.

Accounting 51

Accounting IFRS GAAP Accounting Standards 51

CFO Leadership

OCTOBER 18, 2023

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. However, they still have a place in corporate finance and accounting. What is ChatGPT?

Finance 52

Finance Accounting Auditing IFRS 52

Future CFO

NOVEMBER 2, 2020

China’s financial environment is the region’s most complex, followed by Vietnam, South Korea, Malaysia and Indonesia, according to TMF Group’s report titled Accounting & tax: The global and local complexities holding multinationals to account.

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

PYMNTS

DECEMBER 16, 2016

In a survey conducted by the Institute of Management Accountants (IMA), and sponsored by Blackline, titled “Process Automation in Accounting and Finance,” examining the attitudes and concerns of 750 financial professionals surrounding accounting and month-end closing processes, manual activities remain prevalent — at the cost of time and money.

IFRS 74

IFRS Reconciliations GAAP Accounting Standards 74

Planful

JULY 5, 2016

To date, most of the focus has been on the transactional accounting impact of the new guidelines. 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.

Budgeting 40

Budgeting IFRS Planning GAAP 40

CFO News Room

JANUARY 18, 2023

Measuring Profitability. The question of whether a company is making or losing money should be a simple one to answer, especially in an age where accounting statements are governed by a myriad of rules, and a legion of number-crunchers follow these rules to report profits generated by a firm.

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

Planful

JANUARY 19, 2016

When I was a staff accountant back in the mid-1980s, I remember spending many nights and weekends working to close the year-end books. When I was a staff accountant back in the mid-1980s, I remember spending many nights and weekends working to close the year-end books. Correctly accounting for minority interests.

IFRS 40

IFRS GAAP Reconciliations Auditing 40

Michigan CFO

MARCH 21, 2023

In accounting, indefinite lifespan refers to an asset where its rate of capital depreciation isn’t known or cannot be easily calculated. One key element of the transaction is how to value and tax goodwill, as this can impact the amount of your tax bill upon closing. Why does goodwill matter when selling a business?

Valuation 40

Valuation CFO IFRS GAAP 40

Planful

FEBRUARY 21, 2017

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. These results then require consolidation following US GAAP or IFRS guidelines. It’s a Vicious Cycle – That Repeats.

Reconciliations 40

Reconciliations IFRS GAAP Leverage 40

Musings on Markets

FEBRUARY 27, 2022

Measuring Profitability The question of whether a company is making or losing money should be a simple one to answer, especially in an age where accounting statements are governed by a myriad of rules, and a legion of number-crunchers follow these rules to report profits generated by a firm.

Hurdle Rate 80

Hurdle Rate Investments Accounting Entertainment 80

Bramasol

JUNE 10, 2022

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger.

Accounting Principles 86

Accounting Principles IFRS SAP Accounting 86

Musings on Markets

JULY 14, 2021

Some of this surge can be attributed to companies becoming more complex and geographically diversified, but much of it can be traced to increased disclosure requirements from accounting rule writers and market regulators.

GAAP 52

GAAP Forecasting Accounting Numbers 52

https://trustedcfosolutions.com/feed/

FEBRUARY 18, 2022

Choosing the right accounting software is important. Financial governance allows your organization to meet compliance requirements, such as IFRS and GAAP updates, by having the right financial controls in place. However, there are exceptional cloud accounting software programs that can take that complexity and make it simple.

GAAP 116

GAAP IFRS Compliance Forecasting 116

The Charity CFO

JANUARY 19, 2023

Accounting standards for nonprofits are probably not the first thing you think about, but are crucial for your organization to succeed. Because of their unique structure and operational model, nonprofits must comply with various accounting standards that are, in many ways, different from for-profit organizations.

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

Musings on Markets

JANUARY 9, 2021

I spent the first week of 2021 in the same way that I have spent the first week of every year since 1995, collecting data on publicly traded companies and analyzing how they navigated the cross currents of the prior year, both in operating and market value terms. I knew that this year would be more challenging than most other years, for two reasons.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

Planful

JUNE 22, 2017

Financial Consolidation in the Accounting World. But in the accounting world, “financial consolidation” is a well-defined process that includes several complexities and accounting principles. Here are the key accounting consolidation steps in the finance consolidation process : Collecting trial balance data (e.g.,

Accounting 40

Accounting General Ledger IFRS GAAP 40

Musings on Markets

OCTOBER 6, 2023

The Value of Intangible Assets Accounting has historically done a poor job dealing with intangible assets, and as the economy has transitioned away from a manufacturing-dominated twentieth century to the technology and services focused economy of the twenty first century, that failure has become more apparent.

Valuation 104

Valuation Profit and Loss Accounting Investments 104

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have.

Financial Reporting 52

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

Planful

SEPTEMBER 6, 2021

The company’s leadership used fake holdings and off-the-books accounting practices to deceive regulators. Disclose mandatory information —such as any account changes, errors, asset retirements, and insurance contract changes—about the company’s fiscal position at present and in the future. at its peak to $0.26

Financial Reporting 40

Financial Reporting Valuation IFRS GAAP 40

Planful

AUGUST 1, 2017

Or are you struggling through an extended process with spreadsheets and email or legacy applications that you’ve outgrown? If the latter is the case, Planful recently held a webinar focused on how you can automate and accelerate the financial close, consolidation, and reporting process and free up more Finance time for value-added analysis.

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40

Planful

JANUARY 3, 2017

Accounts payable. Accounts receivable and collections management. General ledger accounting. So what’s the difference between difference between epm and erp systems? What business problems do they solve? Why do you need both? How do they work together? ERP – Optimized for Transaction Processing. Let’s start with ERP systems.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

Onplan

NOVEMBER 30, 2022

No longer beholden to an endless directory of spreadsheets and outdated databases, today’s finance teams can use the best FP&A software available to help them compile financial information and make smarter, more strategic business decisions. However, not all FP&A tools are created equal. So, what is the best FP&A software?

Financial Planning and Analysis (FP&A) 52

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