CFO Leadership

OCTOBER 10, 2023

They’re not very good at mathematics or dealing with numbers in general. 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.),

Accounting

CFO News Room

JANUARY 18, 2023

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. The numbers yield interesting insights. .

Marketing

Planful

JULY 5, 2016

However, the revenue recognition guidance offered under US GAAP vs. IFRS has differed and was in need of improvement. So for a number of years, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have been working to converge their guidelines for revenue recognition.

Budgeting

Planful

JANUARY 19, 2016

Half of the time the numbers were unreadable, so we had to confirm them via phone. Then we would key the numbers into a spreadsheet and perform the currency translations there. (I It’s More Than Just Rolling-Up Numbers. Ability to consolidate results according to US GAAP, IFRS, and other guidelines – within minutes.

IFRS

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. The numbers yield interesting insights.

Hurdle Rate

Planful

JULY 27, 2016

Not being compliant with US GAAP or IFRS. The good news here is that cloud-based solutions have been available for a number of years, and many now offer the same capabilities as on-premises solutions. They also provide a number of advantages over on-premises solutions: Speed of deployment. Lack of security.

Financial Planning and Analysis (FP&A)

Planful

JUNE 22, 2017

GAAP or International Financial Reporting Standards (IFRS). Financial Consolidation is More Than Just Adding Up Numbers. To those who aren’t familiar, financial consolidation might sound like simply adding up numbers from a group of companies—but it’s more than this.

Accounting

Planful

AUGUST 1, 2017

Consolidating financial results might sound easy on the surface, but it’s more than just adding up numbers. Multi-GAAP reporting (i.e., US GAAP, Canadian GAAP, IFRS, etc.). In an organization that’s operating with multiple divisions, in multiple countries and regions, the process can become complex.

GAAP

CFO Leadership

OCTOBER 18, 2023

They’re not very good at mathematics or dealing with numbers in general. 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.),

Accounting

Musings on Markets

OCTOBER 6, 2023

These are also the sectors with the lowest book values, relative to market value, suggesting that whatever accountants are doing to bring in intangibles in these companies into book value is not having a tangible effect on the numbers. So, how far has accounting come in bringing intangible assets on to balance sheets?

Valuation

Planful

SEPTEMBER 5, 2019

Think about your current reporting process and start counting the number of ways you could improve upon it. 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.

Financial Reporting

Planful

SEPTEMBER 6, 2021

Let go of spreadsheets—error-prone, inefficient, and often hindering—and move toward technology that allows you and the shareholders to trust the numbers. Planful supports collaboration and data integration across the business, so you can be confident in your numbers and view the data from a single source of truth.

Financial Reporting

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. In 2019, Uber claimed that its TAM was $5.2

GAAP

Musings on Markets

JANUARY 9, 2021

In closing, I also want to dispense with the notion that data is objective and that numbers-focused people have no bias. Finally, it is worth noting that, notwithstanding the travails of last year, the number of firms in the data universe increased from 44,394 firms at the start of 2020 to 46,579 firms, a 4.9%

Valuation

Onplan

NOVEMBER 30, 2022

Despite its extensive number of integrations, Adaptive has seen users complain that ERP integrations tend to break and require a long time and multiple support interventions to repair. Automated reporting also enforces compliance with GAAP and IFRS standards. It also offers convenient multi-currency management.

Financial Planning and Analysis (FP&A)