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...
Posted by Philip Wood & Drew Whibley
Every day our organization thinks about how we can better help finance teams achieve their goals and overcome challenges, including accounting change. Well, who better to help provide perspective than our own finance leaders? Today we’re turning...
Posted by Siobhan Thompson
By now, most public companies have adopted the new lease accounting standards as required on Jan. 1, 2019. However, given the rush toward compliance – in a Q4 2018 survey only 4% of public companies had reported completing their leasing...
Posted by Sarah Werner
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.
Posted by Sarah Werner
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...
Posted by Sarah Werner
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...
Posted by Paul Newton
Yesterday, I had the pleasure of leading a panel discussion at the InsuranceERM IFRS 17 Event in London. Finance leaders from global insurers Aviva, Assicurazioni Generali SpA, Allianz, and Gjensidige Forsikring ASA joined me on the conference...
Posted by Sarah Werner
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.
Posted by Meagan Mujushi
A day in the life of an Aptitude RevStream user (or two)
We sat down with two Aptitude Software clients - and RevStream users, John Weis (Senior Financial Analyst) and Ryan Bidner (Finance Supply Chain Analyst), from The Climate Corporation to...
Posted by Andrea Herbert
There is no doubt about it - accounting subledgers are a hot topic of conversation in the world of insurers. And from what we have seen, it's IFRS 17 which is shining this new-found spotlight on subledgers and subledger strategy.