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 89

SAP Accounting Reconciliations General Ledger 89

Planful

JANUARY 19, 2016

Half of the time the numbers were unreadable, so we had to confirm them via phone. Then we would key the numbers into a spreadsheet and perform the currency translations there. (I Intercompany reconciliations were a nightmare, with many phone calls to the foreign subs. It’s More Than Just Rolling-Up Numbers.

IFRS 40

IFRS GAAP Reconciliations Auditing 40

Planful

JULY 27, 2016

Not being compliant with US GAAP or IFRS. The good news here is that cloud-based solutions have been available for a number of years, and many now offer the same capabilities as on-premises solutions. They also provide a number of advantages over on-premises solutions: Speed of deployment. Lack of controls and audit trails.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Value-Added Analysis Budgeting 40

Planful

AUGUST 1, 2017

Consolidating financial results might sound easy on the surface, but it’s more than just adding up numbers. Intercompany reconciliations. US GAAP, Canadian GAAP, IFRS, etc.). In an organization that’s operating with multiple divisions, in multiple countries and regions, the process can become complex.

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40