Remove GAAP Remove IFRS Remove SAP
article thumbnail

Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

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.)

article thumbnail

Top Five Questions Clients Are Asking About RevRec and Quote-to-Cash

Bramasol

In addition to highlighting trends such as the Digital Solutions Economy (DSE), industry-focused solutions, and SAP initiatives like artificial intelligence and S/4HANA cloud, this Insights Series will also periodically provide answers to the top questions that we hear from our clients and partners.

SAP 90
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

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.

article thumbnail

Telecom Companies are Leveraging SAP Cloud to Address Multi-Faceted Issues

Bramasol

The combination of SAP cloud ERP applications, SAP Business AI, and SAP Business Data Cloud come together to deliver exceptional business valueall powered by SAP Business Technology Platform. SAP also helps track project progress, budgets, resource allocation, and timelines efficiently.

SAP 72
article thumbnail

The 6 things every CFO should do to prepare for CBAM

CFO Dive

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. SAP Green Token, for example, can automatically collect and consolidate CBAM-relevant data from your ERP as well as generate CBAM reports ready for submission.

CFO 241