article thumbnail

Suresh Kana: What CFOs should know about the new IFRS sustainability standards

CFO Talks

The new IFRS sustainability standards will impact businesses large and small, says Suresh Kana, trustee and deputy chair of the IFRS Foundation. The value of any security is the present value of future cash flows. Kana also notes that IFRS will work on industry-specific standards. “If

IFRS 98
article thumbnail

The Changing Role of CFOs in a Technology-Driven World

Bramasol

The other is the International Accounting Standards Board (IASB), whose rules for financial reporting are known as International Financial Reporting Standards (IFRS). IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term.

IFRS 95
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

A Fresh Look at Ongoing ESG and Carbon Accounting Developments

Bramasol

Global ESG Regulatory Requirements One of the major ESG compliance developments to watch is the US Securities and Exchange Commission (SEC) proposed regulation on Climate-Related Disclosures and ESG Investing. IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term.

IFRS 87
article thumbnail

How Complex Are Your Business Finances?

https://trustedcfosolutions.com/feed/

Secure access to your key data from anywhere, at any time, because your accounting solution is cloud-based. GAAP, IFRS, and cash base side by side for better visibility. The benefits don’t end there. . Streamline your payment processing, increase efficiencies and, on average, reduce processing costs by 70%. Define your own workflows.

Finance 104
article thumbnail

Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. With all these great new capabilities at our fingertips, the future will also require constant vigilance and regular updates to security protocols as AI systems become more sophisticated and the risk landscape evolves.

Finance 95
article thumbnail

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

CFO Leadership

Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. With all these great new capabilities at our fingertips, the future will also require constant vigilance and regular updates to security protocols as AI systems become more sophisticated and the risk landscape evolves.

Finance 52
article thumbnail

Navigating uncertainty: Manage the impact of inflation

Future CFO

Information from every corner of the business and world is centralised, secured, and accessed from anywhere — leading to greater agility and faster, more confident decision-making. Data from disparate departments inform real-time actions and reporting. People and machines across a global supply chain share intel as and when it happens.

IFRS 52