The revenue recognition standard deadline has passed and companies that have an established solution in place are now finding themselves in an enviable position when it comes to revenue data.  

Recently we wrote a blog post on some of the signs that may indicate your lease accounting solution doesn’t have what it takes to meet your needs now that IFRS 16 and ASC 842 are in full swing for most organizations.   

The Financial Accounting Standards Board (FASB) announced a potential deferral to their standard, Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI) on July 17. 

How an Accounting Hub can take the load off your general ledger and enable efficiency, financial control and consolidation of granular financial data. 

A survey conducted by Deloitte last year found that 93% of organizations are adopting or considering adopting cloud technology and the advantages of cloud have been written about and witnessed by IT, Sales, Marketing, Operations – the clear...

In early 2016 when the FASB and IASB issued the new lease accounting standards, ASC 842 and IFRS 16, the effective date of December 15, 2019 for private companies likely felt very far away.

Many organizations use regulatory change initiatives as a catalyst for Finance Transformation and indeed in the case of FASB’s latest accounting standard - an update to Topic 944 (ASU 2018-12), otherwise known as LDTI - the conversations...

As finance leaders at US Insurers come out of year-end close efforts, they are expected to quickly turn their attention to ASU 2018-12 - FASB’s update to Topic 944 known within the industry as LDTI (‘Targeted Improvements to the Accounting for...

James Brittle has been Head of the Aptitude Centre of Excellence (CoE) since its inception in 2016. Before that he spent 6 years as Head of Presales for Aptitude Software.  

IFRS 17 is a new accounting paradigm for insurers requiring significant changes to accounting treatments. Unlike Solvency II and other insurance regulations before it, IFRS 17 compliance requires a much greater degree of collaboration between...