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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. The account-based approach uses account logic identifiers to assign accounting principles, such as using unique prefixes to determine which accounts use IFRS vs GAAP principles.

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Turning challenges into opportunities: being a financial controller in 2024

Future CFO

Giselle Arellano-Geronimo A controller, for Geronimo, also has the privilege to make a story out of the numbers and convert the results of the financials into actionable business decisions and strategies that help shape the business. “A

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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

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.),

Finance 95
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Four Key Technology Trends to Watch in 2024

Bramasol

The number of subscribers has grown significantly, from around 370 in 2015 to over 20,000 in 2022. 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. 

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TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

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.),

Finance 52
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Stronger momentum needed for sustainable financing in Southeast Asia

Future CFO

Last year, the amount of sustainable financing provided to our clients to support the region’s transition towards a low-carbon economy more than doubled from 2022 numbers to S$44.5 "We are seeing the same trend at UOB.

Finance 52
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Integrating RevRec and Cost Accounting in the SAP Public Cloud

Bramasol

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 89