Be aware of what IFRS 15 and its implementation can mean for your company and prepare early enough. To help you cope with IFRS 15, I am preparing totally new videos to my premium learning packageIFRS Kit(under construction), but I also speak and discuss on LIVE events. I also wrote this...
Challenges and Controversies Related to IFRS 15 Implementation Using a comparison analysis, we seek to identify a specific pattern of challenges and controversies in the construction sector that is very helpful in finding the practical answers on how to apply IFRS 15 and to improve the quality of....
IFRS Future of corporate reporting Financial accounting advisory services CFO agenda Facebook Twitter LinkedIn Related articles Five steps tax accounting teams can take for BEPS 2.0 With BEPS 2.0 due to come into force in late 2023/early 2024, tax accounting teams prepare for Pillar Two rules on ...
Process efficiency:Automation cuts the time required toprocess invoicesby eliminating manual data entry and speeding up approval workflows. Reducing the time and personnel needed for invoice processing can lead to substantial labor cost savings, particularly in larger organizations with high invoice volumes...
These include IFRS 9 Financial Instruments, IFRS 15 Revenue from Contracts with Customers, IFRS 16 Leases and IFRS 17 Insurance Contracts. The standards require companies to work with more granular data and align their finance, risk and business data through the implementation of well-...
Our auditors say that we have a financial guarantee under IFRS 9 and we should account for it. But how? Also, we issued a general guarantee to support our subsidiary in case of the negative equity – should we also account for this guarantee?” IFRS Answer: What is a financial guarantee...
The main changes introduced byIFRS 9 Financial Instruments, Key points for the successful implementation of IFRS 9 into your business. This article was written by Mr. Wang Jun Spark and I just need to add that even if you don’t work in the financial institution (like a bank), you should...
Discover where data is lagging or missing, where they'll need to do further investigation and what they're doing to mitigate and prepare for that risk. You'll need data and fundamental analysis to measure the impact and set goals and targets to prepare for potential ripple e...
We’re Here to Help To learn more about NetSuite or how it could streamline your operations, contact your Moss Adams professional. As aNetSuite solution provider, Moss Adams delivers industry-specific insight and technical resources to streamline your selection and implementation processes, while prov...
Thus, the building of appropriate systems, processes, and controls becomes vital for your company to be able to meet its public company reporting requirements. Additionally, you would also have to establish the necessary financial statement integrity through the implementation of an effective system of...