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ASC 820: How to Account for Fair Value Measurement

Insight Software

In 2018, the Financial Accounting Standards Board (FASB) simplified many of the questions surrounding the valuation of such assets and liabilities by issuing ASC 820, also known as the Fair Value Measurements and Shareholding Disclosure. Equity shares in privately held companies, in contrast, can be somewhat challenging to assess.

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Meeting the Challenge of Operational Reporting in Microsoft D365BC

Insight Software

In 2018, Microsoft launched Microsoft Dynamics 365 Business Central or Microsoft D365BC, a new Cloud-based ERP solution designed to replace previous versions of the software. Then, you must maintain those customized reports and sometimes even modify them down the road.

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Do the Benefits of Cloud Outweigh the Costs?

Insight Software

In fact, a recent Gartner report on cloud expenditure found that cross-industry cloud spend has risen from 8% as a percentage of total IT spend in 2018 to 16% in 2022. Companies are now making a decisive shift from traditional on-premises Oracle software to Oracle’s cutting-edge cloud solutions.

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Myth Busters: How Jet Reports Simplifies Your NAV-to-BC Migration

Insight Software

Microsoft discontinued development of NAV in 2018, and mainstream support ended in 2023. Maintain data integrity: Preserve the accuracy of your financial data. It’s often perceived as a time-consuming and expensive process that disrupts day-to-day operations. However, delaying the migration is no longer an option.

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Help Your CFO Double Their Strategic Value

Insight Software

Furthermore, a 2018 Gartner report found that half (56%) of the time executives and their teams spend on strategy is wasted. You rely on your CFO to be an innovator and strategist, but a recent survey has found that whilst CFOs aim to spend 50% of their time focusing on strategic initiatives, in reality this figure is closer to 25%.