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 87

IFRS Accounting SAP Compliance 87

Bramasol

JULY 31, 2023

For example, according to Med Device Online , "Many manufacturers are implementing innovative pricing models to lower buyer-side pressure. 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.

Accounting 75

Accounting SAP GAAP IFRS 75

Bramasol

NOVEMBER 13, 2023

In previous blog posts, we have addressed the challenges and opportunities regarding digital transformation and the Digital Solutions Economy (DSE) across a range of industries including, software & SaaS , semiconductors , media & entertainment , medical devices , transportation , electronics manufacturing , energy , and utilities.

SAP 77

SAP General Ledger IFRS Compliance 77

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 81

Accounting SAP Analyzing Data IFRS 81

Bramasol

DECEMBER 13, 2021

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.

SAP 52

SAP Compliance Profit and Loss IFRS 52

Bramasol

DECEMBER 14, 2023

This can be seen clearly in the increased adoption of SAP Cloud-based S/4HANA over recent years. As of the third quarter of 2023, SAP SE reported cloud revenue was up by 23% at constant currencies, driven mainly by the growth of SAP's combined SaaS and PaaS portfolio. SAP operates 57 data centers at 32 locations in 15 countries.

Technology 88

Technology SAP IFRS Compliance 88