This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Moreover, the upgraded syllabus seeks to enhance key competencies and behaviours for strategicplanning while broadening its scope to include sustainability, such as green finance, environmental costing, and disclosures under IFRS S1/S, as well as other financial technologies like Generative Artificial Intelligence.
Global standards such as IFRS, IFRS for SMEs, and emerging sustainability frameworks have become the common language of credibility. Theyve attended the training sessions and can quote the key principles of IFRS. IFRS evolves. Its a lens into the organisations future. The push for sustainability reporting is accelerating.
Key Initiatives and StrategicPlanning : Pieter detailed key initiatives undertaken by the ICFOA, emphasizing strategicplanning that aligns with global financial trends. Pieter highlighted the importance of fostering collaboration and sharing best practices among CFOs globally.
Better Insights : Provides deeper insights into revenue metrics and performance, supporting better decision-making and strategicplanning. Improved Compliance - Ensures compliance with ASC 606, IFRS 15, and other relevant accounting standards through a robust set of predefined rules and configurable options.
5 Other sustainability reporting initiatives in development include those of the International Sustainability Standards Board (ISSB), developed by the International Financial Reporting Standards (IFRS) Foundation. Using a centralized platform combines plans and makes them available to all teams responsible for ESG and other functional groups.
Financial planning and analysis (FP&A) is important in automating all of the manual tasks in the finance department and giving everyone greater insights into the data. FP&A not only supports business and financial decision-making but also provides management with insights into the organization’s strategicplans and investments.
IFRS, US GAAP). StrategicPlanning and Innovation: CFOs are key players in a company’s strategicplanning , and part of their role is to look for areas where investments can boost innovation and long-term growth. The interview highlights how companies that invest more in intangible assets (e.g.,
So that you will eventually have the CFO focusing on three reporting areas, the traditional IFRS, then secondly, business efficiencies, and then because of the difficult economic circumstances we are in, the only way that you can still maintain the bottom line is through better efficiencies.
The company’s CBAM obligations and purchased certificates have to be accounted for in accordance with global accounting standards like the IFRS or US GAAP. CBAM compliance also requires the purchase, management, and surrender of CBAM certificates.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content