article thumbnail

A Fresh Look at Ongoing ESG and Carbon Accounting Developments

Bramasol

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
article thumbnail

MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

In order to take these bundling scenarios to an optimal level, medical equipment makers need to leverage more integrated solutions that bring all the backend processes together in a seamless end-to-end environment that meshes with compliance and reporting mandates. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

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

EY: Southeast Asia businesses fall short on climate strategy

Future CFO

Despite agreeing to climate commitments, about 56% of those surveyed in Southeast Asia do not disclose a transition plan to back these. Of those that do disclose plans (44%), the level of detail remains limited. Agriculture, however, falls behind, with 47% of those surveyed in that sector disclosing any form of transition plan.

IFRS 52
article thumbnail

34 Competencies required to become a CFO(SA)

CFO Talks

Accounting knowledge (IFRS and taxation). Competencies include: Staff planning. Information quality and control rationalisation are top-of-mind issues for the Steward. Competencies include: Working knowledge of risk management, budget, and forecasting tools. Investment and credit risk knowledge. Project management. Corporate finance.

CFO 52
article thumbnail

Mapping Out Successful FP&A Management In the Face of Adversity

The Finance Weekly

This is another key pillar of the leadership development for financial planning and analysis (FP&A) professionals. An FP&A leader should be able to integrate financial planning with strategic and operational planning in order to drive the overall business performance that will result in the financial success of the organization.

article thumbnail

Want a Smoother Year-End Close? Get it Right Each Month and Quarter

Planful

These results then require consolidation following US GAAP or IFRS guidelines. Leveraging spreadsheets and email to manage the financial close and reporting process may work for smaller companies with simple requirements. Lessons Learned from War Stories. Watch the Webinar Replay.

article thumbnail

Standards for Carbon Accounting are Beginning to Take Shape

Bramasol

Information about climate-related targets and goals, and transition plan, if any. ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021. Certain climate-related financial statement metrics and related disclosures in a note to its audited financial statements; and ?