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Cross-Listed Companies, Navigating International Reporting Standards 

CFO Talks

For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP). IFRS is principles-based and allows for some judgment in financial reporting, while GAAP is more rigid, rules-based, and less forgiving.

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From Jo’burg to Jakarta: The CFO’s Passport to Global Control

CFO Talks

IFRS, local GAAP)? Technology and Data Integration Your finance systems must support multi-entity, multi-currency, and multi-GAAP reporting. Regulatory Environment Every country has its own legal and tax framework. Before setting up shop, understand: Which financial reporting standards apply (e.g.

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Accounting for Innovation: R&D Costs Explained

Embark With Us

GAAP, common challenges, and important considerations for businesses seeking to accurately reflect their innovation investments in financial reporting. GAAP to determine whether the arrangement represents an obligation to repay or a contract to perform R&D services for others. Table of contents What Qualifies as R&D?

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Data Update 8 for 2025: Debt, Taxes and Default - An Unholy Trifecta!

Musings on Markets

It was only in 2019 that the accounting rule-writers (IFRS and GAAP) finally did the right thing, albeit with a myriad of rules and exceptions. The problem with using this rationale for not borrowing money is that it misses the other side of debt usage, where using more debt reduces the equity that you will have to invest.

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Family Office Financial Management

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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.

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California CPAs Call For Crypto Accounting Clarity

PYMNTS

Reports in The Block Crypto late last week said a group of California CPAs has sent a letter to the Financial Accounting Standards Board, a federal board that sets Generally Accepted Accounting Principles (GAAP), requesting that it consider establishing a task force to address a lack of clarity in cryptocurrency accounting standards.

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The Number One Problem With Selling a Business

Focus CFO

They have not invested in their accounting department or accounting records because they consider it “overhead”. Make the investment in real financial management and solid accounting records – and enjoy the business value you deserve. GAAP financials when times get tough, and others manage to survive with street smarts.