CFO Talks

JULY 16, 2024

Unveiling the 7th Annual CFO Africa: A Showcase of Financial Leadership and Innovation The 7th Annual CFO Africa event was a dynamic gathering of financial leaders, industry experts, and innovative thinkers. Pieter highlighted the importance of fostering collaboration and sharing best practices among CFOs globally.

Leadership 52

Leadership CFO IFRS Strategic Planning 52

Bramasol

JULY 22, 2023

From a global perspective, the International Sustainability Standards Board (ISSB), which was established by the IFRS in November 2021 at COP26 in Glasgow, has issued its first two standards. IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term.

IFRS 92

IFRS Accounting SAP Compliance 92

Bramasol

JANUARY 16, 2022

Compliance with ASC 606 / IFRS 15 requires separate cumbersome processes. One of the key advantages of using this SAP-enabled holistic approach is the ability to streamline integration of revenue recognition compliance with ASC 606 / IFRS 15. Integrated compliance for ASC 606 / IFRS 15 disclosures and reporting.

Compliance 92

Compliance IFRS SAP Leverage 92

CFO Leadership

OCTOBER 10, 2023

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.), His expertise spans financial leadership and strategy, finance automation, data science, and operational efficiency.

Accounting 95

Accounting Finance Auditing IFRS 95

Future CFO

JUNE 12, 2024

He opines that ESG topics have become one of the first agendas in Board/leadership meetings within organisations due to the evolving regulatory landscape. For example, he notes that the ISSB’s IFRS S1 and S2, which were issued in June 2023, fully incorporate the TCFD recommendations.

Compliance 98

Compliance IFRS Risk Management Finance 98

Bramasol

OCTOBER 26, 2021

Overview of Comply, Optimize, Transform.

SAP 90

SAP IFRS Compliance Treasury 90

Future CFO

MAY 1, 2024

The Coffee Bean & Tea Leaf ), says the appeal of the financial controller position lies in blending analytical depth with visionary leadership, overseeing financial strategies across sectors. Succeeding amid challenges “Success as a controller relies on an entrepreneurial mindset, analytical rigour, and adept leadership,” says Leonardo.

Leadership 98

Leadership IFRS Finance Communication 98

Bramasol

SEPTEMBER 26, 2022

For example, SAP Revenue Accounting & Reporting (RAR) streamlines and simplifies accounting and reporting of complex revenue streams under ASC 606 / IFRS 15 and SAP Contract & Lease Management (CLM) provides asset management and accounting compliance for ASC 842 / IFRS 16.

Transportation 91

Transportation SAP IFRS Compliance 91

Bramasol

MAY 16, 2025

Revenue Recognition Compliance: Navigating ASC 606 / IFRS 15 rules for multi-element arrangements and variable consideration. Improve Compliance and Audit Readiness Why it matters: Regulations like ASC 606, IFRS 15, SOX, GDPR, HIPAA, and country-specific tax mandates are increasingly complex and carry serious risk.

SAP 84

SAP IFRS Compliance Auditing 84

Bramasol

JULY 26, 2024

Within the Five-Step model, Step 4 of ASC 606 and IFRS 15 requires an allocation of the total consideration in a contract, which your company is entitled to collect for each distinct performance obligation. Standalone Selling Price: What is SSP, why is it needed, and how is it determined?

SAP 90

SAP IFRS GAAP Compliance 90

Bramasol

AUGUST 29, 2022

For example, SAP Revenue Accounting & Reporting (RAR) and SAP Contract & Lease Management (CLM) streamline and simplify accounting and reporting of complex revenue streams under ASC 606 / IFRS 15 as well as asset management and accounting under ASC 842 / IFRS 16.

SAP 81

SAP IFRS Manufacturing Compliance 81

Bramasol

SEPTEMBER 12, 2022

Although the initial compliance phase for ASC 606 and IFRS 15 revenue recognition mandates is in the rear-view mirror for most companies, it's important to also keep a focus on the road ahead because optimization of overall RevRec processes across the enterprise will be key to ongoing success.

SAP 88

SAP IFRS Compliance Invoicing 88

Bramasol

JUNE 25, 2024

This has enabled clients to smoothly comply with ASC 842 and IFRS 16. We have pioneered solutions for integrating cost accounting using RAR's Event Based RevRec (EBRR) in the SAP Public Cloud and have created RevRec Ready Rapid Compliance solutions to streamline disclosure reporting.

Compliance 63

Compliance Accounting Financial Planning and Analysis (FP&A) SAP 63

Bramasol

AUGUST 31, 2023

Over the past eight years, many episodes in this blog series have focused on revenue recognition and how SAP solutions such as Revenue Accounting and Reporting (RAR) have provided a robust foundation for compliance with ASC 606 and IFRS 15.

SAP 94

SAP Accounting Reconciliations General Ledger 94

The Finance Weekly

JANUARY 31, 2022

However, there have been many organizations that have successfully persevered through the challenges posed by the past couple of years, and among the differentiating factors between such businesses is leadership. Leadership across business departments is a foundational element of success. 5 Leadership Competencies for CFOs 1.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leadership IFRS Budgeting 52

CFO Talks

JUNE 7, 2022

In developing the CFO(SA) designation, we identified 34 competencies and four pillars that the Modern CFO needs to fulfill to excel in their leadership position. Accounting knowledge (IFRS and taxation). Competencies include: Leadership and influence. Investment and credit risk knowledge. Corporate governance. Negotiation.

CFO 52

CFO IFRS Risk Management Leadership 52

Bramasol

NOVEMBER 13, 2023

For example, at Bramasol we made a decision over a decade ago to focus on SAP finance solutions for the office of the CFO, with a specific emphasis on the new revenue recognition compliance requirements in ASC 606 and IFRS 15.

SAP 81

SAP General Ledger IFRS Compliance 81

CFO Leadership

OCTOBER 18, 2023

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.), His expertise spans financial leadership and strategy, finance automation, data science, and operational efficiency.

Accounting 52

Accounting Finance Auditing IFRS 52

Bramasol

NOVEMBER 8, 2021

Movement on the part of global accounting groups, such as FASB, IASB and IFRS, to develop detailed compliance guidelines and regulations around carbon-accounting and sustainability. New legislation regarding carbon offsets and disclosure reporting that will materially impact many companies' bottom line.

Compliance 88

Compliance Accounting SAP IFRS 88

Bramasol

MARCH 24, 2022

ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021. From a global perspective, the International Sustainability Standards Board (ISSB) is also working on developing uniform financial reporting rules.

Accounting 86

Accounting SAP Analyzing Data IFRS 86

Future CFO

MAY 29, 2024

ACCA's guide seeks to help all organisations irrespective of size, industry or sector, focusing on preparing for sustainability reporting in accordance with the IFRS Sustainability Disclosure Standards (or the ‘ISSB Standards’).

Finance 52

Finance IFRS Risk Management Accounting 52

Bramasol

SEPTEMBER 8, 2024

By leveraging our leadership in deploying more RAR implementations than any other partner, Bramasol is also at the forefront of helping refine and deploy these new Universal RevRec capabilities. and a llows for customizable revenue recognition rules and logic, catering to specific business needs and industry requirements.

SAP 64

SAP General Ledger Compliance Accounting Standards 64

Future CFO

FEBRUARY 1, 2024

Hasenoehrl adds that organisations must take the new International Financial Reporting Standards (IFRS) S1 and S2, which will be used in many countries as the accounting foundation for ESG reporting.

Finance 52

Finance SAP Auditing IFRS 52

Future CFO

MAY 16, 2024

"It needs to be underpinned by consistent disclosures and monitoring that is aligned with existing climate-related disclosure standards such as International Financial Reporting Standards (IFRS) S2 Climate-related Disclosures."

Finance 52

Finance IFRS Construction Education 52

Planful

SEPTEMBER 6, 2021

In reality, a company’s financial report can be more flimsy—involving estimates and judgment from leadership that’s far from the truth. The company’s leadership used fake holdings and off-the-books accounting practices to deceive regulators. Valuations are a classic example of hole-filled financial reporting.

Financial Reporting 40

Financial Reporting Valuation IFRS GAAP 40

CFO Talks

JUNE 8, 2022

It starts by recognising that the leadership required to address climate issues will need to be more strategic, integrated, and responsive than we’ve ever been in the past,” explains David Wray, President of the DFCG International Group.

CFO 52

CFO IFRS Education Auditing 52

CFO Talks

DECEMBER 26, 2021

But being in the CFO position, you really need to know the leadership and the strategic position that the company currently has and where we can be in a year, in two years, in five years, in ten years. It’s an incredible story of leadership and courage. These are merely things that you really do need to understand thoroughly.

Manufacturing 75

Manufacturing CFO Budgeting IFRS 75

The Finance Weekly

JUNE 17, 2024

Loading new data into the application is straightforward, enabling the timely generation of reports and analyses for senior leadership on a monthly or quarterly basis. They appreciated ongoing efforts to address these areas through dynamic planning training and product developments, which had mitigated several areas of concern.

Financial Planning and Analysis (FP&A) 52

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

Bramasol

DECEMBER 13, 2021

They also need to address compliance requirements such as revenue reporting under ASC 606 and IFRS 15, which are still required but can be more complex for DSE business models.

SAP 52

SAP Compliance Profit and Loss Securities 52

CFO Talks

MARCH 31, 2022

Tell us about your viewpoint about that and what are these skills that the CFO is expected to know, research shows that these are softer skills like communication, strategy, team leadership and that kind of thing. What’s your view on that? For me, learning is a constant thing, we live in an evolving and changing world.

CFO 40

CFO Finance Accounting IFRS 40

Bramasol

JANUARY 27, 2023

In 2018, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) announced the release of new accounting standards, ASC 842 and IFRS 16, that redefined how organizations must account for leases.

Compliance 90

Compliance IFRS SAP Accounting Standards 90

CFO Talks

JANUARY 27, 2025

Career Evolution: A Non-Traditional Pathway Davids career journey reflects a shift from credit enforcement and finance operations to leadership roles in global organisations. I once did a analysis of the IFRS Foundation’s budget. And then you can see the all the countries that contribute. And we look at what happens in the US.

CFO 52

CFO Auditing IFRS Accounting 52

CFO Talks

SEPTEMBER 13, 2024

A big part of our work is ensuring compliance with International Financial Reporting Standards (IFRS). It’s essential to develop leadership, communication, and strategic thinking skills. In your experience, how important is it for CFOs to have strong leadership and communication skills, in addition to their financial expertise?

Finance 97

Finance Auditing CFO Leadership 97

Bramasol

DECEMBER 14, 2023

According to the IFRS, "IFRS S1 and IFRS S2 are built on and consolidate the TCFD recommendations , SASB Standards , CDSB Framework , Integrated Reporting Framework and World Economic Forum metrics to streamline sustainability disclosures. 

Technology 93

Technology SAP IFRS Compliance 93

CFO Talks

MARCH 12, 2025

Regularly reviewing IFRS updates, tax laws, and business regulations ensures compliance and minimises risk. Exploring learning beyond finance, such as behavioural economics and leadership skills, also enhances overall decision-making ability. Curiosity and openness to new ideas drive continuous growth.

Finance 52

Finance IFRS Compliance Financial Modeling 52

Bramasol

APRIL 7, 2025

IFRS or GAAP) becomes easier, and financial data can be tracked and reported in real-time. Better Accounting Compliance: Cloud-based ERP systems ensure accurate financial reporting, adherence to tax laws, and audit readiness. Compliance with local and international standards (e.g.,

SAP 71

SAP Leverage Compliance IFRS 71