CFO News

MARCH 4, 2025

CFO Gopal Balachandran outlines the companys focus on health insurance expansion, regulatory compliance, IFRS 17 preparedness, and its approach to profitability and risk management. The insurer has achieved a ninefold increase in policy issuance while reducing headcount by 20 per cent, through technology investments.

IFRS

Cube Software

APRIL 3, 2025

The consolidation process typically includes aggregating financial results, eliminating intercompany transactions, handling currency conversions, and ensuring compliance with accounting standards like the International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Principles GAAP.

IFRS

CFA Institute

APRIL 30, 2024

Nick Anderson was appointed as a member of the International Accounting Standards Board (IASB) in 2017. He has more than 30 years of practical experience, mainly as a buy-side investor using and supporting the development of high-quality financial reporting.

Accounting Standards

Future CFO

MAY 14, 2025

Moreover, the upgraded syllabus seeks to enhance key competencies and behaviours for strategic planning while broadening its scope to include sustainability, such as green finance, environmental costing, and disclosures under IFRS S1/S, as well as other financial technologies like Generative Artificial Intelligence.

Finance

CFO Talks

APRIL 23, 2025

IFRS 9 Isnt Just a StandardIts a Spotlight You dont want your valuation approach explained by your auditor in front of the board. The cost of missing opportunity is often greater than the cost of capital. Cash doesnt just solve problems. It creates options. And optionswhen everyone else is stuckare how you win.

IFRS

Future CFO

JUNE 19, 2025

Harmonising financial reporting and compliance Finding the balance between financial reporting and compliance across multiple jurisdictions, while trying to comply to global standards such US GAAP and IFRS with local tax regimes and regulatory requirements without overburdening local teams can be such a huge task for many organisations.

Finance

Future CFO

JANUARY 13, 2025

However, only 6% of companies have disclosed a specific percentage of remuneration linked to climate performance or targets, falling short of recommendations under IFRS S2 Climate-related Disclosures.

IFRS

CFO Talks

MAY 27, 2025

With ESG regulations evolving, IFRS standards tightening, and public accountability intensifying, staying compliant isnt optional. Understand the implications of IFRS 17, ESG disclosure frameworks, and the Companies Act. Stay Ahead of the Regulatory Curve – Or Get Left Behind Governance isnt a box to tick.

IFRS

CFO Talks

FEBRUARY 10, 2025

Automation helps organizations comply with IFRS, GRAP, and local tax regulations by ensuring all reporting follows the latest legal frameworks. More focus on strategic decision-making instead of crunching numbers. Compliance and Risk Reduction The regulatory landscape is ever evolving.

Financial Reporting

CS Lucas

JULY 8, 2025

The system helps you optimize your cash position through: Identifying and covering short-term deficits with money market loans Maximizing returns on surplus cash through strategic investments Managing the complete lifecycle of all treasury transactions Ensuring timely settlements with automated alerts and bank instructions Enterprise-Grade Security (..)

Treasury

The Big Picture

JULY 1, 2025

00:33:48 [Speaker Changed] So economic returns is, you know, if you have a bond and you know the market value of that bond moves in a negative direction, even if it pays your yield, you know, net net, you might be losing economic value on holding that position in IFRS. Right, exactly.

Investments

CFO Talks

MARCH 5, 2025

Follow standard accounting rules In most industries, this means using IFRS (International Financial Reporting Standards) or IFRS for SME (International Financial Reporting Standard for Small and Medium-sized Entities) to prepare financial statements.

IFRS

Global Finance

JULY 29, 2025

More specifically, our strategic investment in loan management and enhanced IFRS 9 systems led to a reduction in our loan loss ratio to 0.97% and non-performing loan ratio to 2.9% For example, in 2024 branch transactions decreased by 10%, and we improved our cost-to-income ratio by 100 basis points, from 39% the year before.

Banking

CFO Talks

JANUARY 27, 2025

So, for example, they would be the liaison for the IFRS Foundation either through the ISB, so the International Accounting Standards Board, or the International Sustainability Standards Board as an example. I once did a analysis of the IFRS Foundation’s budget. And then you can see the all the countries that contribute.

CFO

Embark With Us

JULY 31, 2025

The board is actively evaluating whether certain development-phase costs should be eligible for capitalization, aligning more closely with IFRS and modernizing financial reporting in a knowledge-based economy.

Accounting

Musings on Markets

FEBRUARY 23, 2025

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.

Hurdle Rate

Bramasol

JULY 17, 2025

Tracking entitlements is an important element for revenue recognition and expense management because it directly relates to how revenue and expenses are recognized, thereby ensuring compliance with accounting standards such as ASC 606 or IFRS 15 while also improving revenue management and profitability.

SAP

Bramasol

JUNE 9, 2025

Whether you're managing long-term project-based contracts, recurring subscription revenue, or traditional sales and service models, URR offers out-of-the-box scope items to help simplify and streamline your revenue recognition efforts—all while staying fully compliant with evolving standards like IFRS 15 and ASC 606.

Leverage

Bramasol

JULY 29, 2025

For example, telecom operators leverage AI to automate revenue recognition processes, ensuring compliance with standards like ASC 606 and IFRS 15. AI-driven analytics help telecom companies personalize services, predict customer churn, and optimize pricing models, especially for subscription-based services.

SAP

CFO Dive

JUNE 16, 2025

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. CBAM compliance also requires the purchase, management, and surrender of CBAM certificates.

CFO

Bramasol

JULY 16, 2025

Automating Revenue Recognition Integration with ASC 606 and IFRS 15 : SAP Cloud ERP natively integrates wi th the Revenue Accounting and Reporting modu le and new Universal RevRec (URR) solutions, which help utilities com ply with ASC 606 and IFRS 15.

SAP

Bramasol

JULY 7, 2025

ASC 606/IFRS 15 Compliance : Under the ASC 606 (U.S.) and IFRS 15 (International) revenue recognition standards, media companies must recognize revenue based on performance obligations, such as when content is made available or when specific services are rendered.

SAP

Bramasol

JULY 1, 2025

Revenue Recognition Compliance For automakers and ride services providers, ensuring compliance with revenue recognition standards such as ASC 606 or IFRS 15 is critical, especially with recurring subscription revenues.

SAP

Future CFO

APRIL 17, 2022

Financial reporting specialist and lecturer Adam Deller explains the basic principles of IFRS 5, 'Non-Current Assets Held for Sale and Discontinued Operations'. The post The fundamentals of IFRS 5 appeared first on FutureCFO.

IFRS

Future CFO

MAY 22, 2022

Financial reporting specialist and lecturer Adam Deller explains the basic principles of IFRS 16, Leases. The post The fundamentals of IFRS 16 appeared first on FutureCFO.

IFRS

CFO Talks

JULY 27, 2023

The new IFRS sustainability standards will impact businesses large and small, says Suresh Kana, trustee and deputy chair of the IFRS Foundation. Kana also notes that IFRS will work on industry-specific standards. “If So you could use these standards in the US or you could use them in [IFRS jurisdictions].”

IFRS

Future CFO

NOVEMBER 28, 2021

EY’s new survey explores changes to KPIs under IFRS 17 and recommends actions insurers should take now. The post EY Global IFRS 17 KPI survey appeared first on FutureCFO.

IFRS

CFO Talks

DECEMBER 3, 2021

From IAS Plus : The IFRS Foundation has announced the creation of its new International Sustainability Standards Board (ISSB) that will develop a comprehensive global baseline of high-quality sustainability disclosure standards to meet investors’ information needs. Read more here.

IFRS

Future CFO

FEBRUARY 5, 2025

Financial reporting specialist and lecturer Adam Deller explains the basic principles of IFRS 13, Fair Value Measurement. The post The fundamentals of IFRS 13 appeared first on FutureCFO. First published in Youtube.

IFRS

Future CFO

JANUARY 20, 2025

Financial reporting specialist and lecturer Adam Deller explains the basic principles of IFRS 9, Financial Instruments. The post The fundamentals of IFRS 9 appeared first on FutureCFO. First published on Youtube.

IFRS

CFO Talks

AUGUST 21, 2024

Navigating IFRS , Key Updates and Changes Introduction In today’s fast-paced financial world, staying up to date with the latest International Financial Reporting Standards (IFRS) is critical for CFOs. IFRS 16 Leases: Impact on Balance Sheets IFRS 16 has changed the way leases are recorded on balance sheets.

IFRS

Future CFO

JUNE 27, 2022

Financial reporting specialist and lecturer Adam Deller explains the basic principles of IFRS 8, Operating Segments. The post The fundamentals of IFRS 8 appeared first on FutureCFO.

IFRS

Future CFO

OCTOBER 8, 2023

One of the major IFRS 17 challenges is that it’s disrupting business as usual for insurers. According to a WTW IRS 17 survey, there are major post-implementation challenges that insurers still need to overcome after reporting their half-year 2023 results under IFRS 17 for the first time.

IFRS

Future CFO

NOVEMBER 27, 2023

The Financial Reporting Council (FRC) calls for IFRS 17 disclosures improvements in its recently published IFRS 17 'Insurance Contracts' thematic review. The IFRS 17 disclosures improvements that FR C expects include the following. The post IFRS 17 disclosures improvements needed: FRC appeared first on FutureCFO.

IFRS

Future CFO

FEBRUARY 7, 2023

IFRS 17 will change insurers' reported earnings and equity as it alters their profit recognition patterns and measurement of liabilities, while not directly affecting insurers' creditworthiness, said Moody's recently. The post IFRS 17 won't directly affect insurers' creditworthiness appeared first on FutureCFO.

IFRS

Future CFO

AUGUST 22, 2019

IFRS 16, published by the International Accounting Standards Board (IABS), came into effect on January 1, 2019. In an effort to boost transparency, IFRS 16 eliminates the distinction between finance leases, which were previously capitalized on corporate balance sheets, and operating leases, which were not.

IFRS

Reval

MARCH 7, 2017

IFRS 9 is changing hedge accounting forever. Companies in the European Union have only begun to kick off their IFRS 9 initiatives since the European Commission endorsed the standard in November 2016. IFRS 9 Advantages in a Nutshell. IFRS 9 enables hedgers to treat “costs of hedging” as a separate component of equity.

IFRS