Atos Hires Former Avanade Veteran As New North American CEO
Dave Seybold, also a former IBMer, is the French solution provider’s third North American CEO in just less than a year. By Donna Goodison May 27, 2021, 05:31 PM EDT
French solutions provider Atos has a new North America CEO – the third in just less than a year for the division, which generated about $3.2 billion in annual revenue last year or nearly a quarter of the company’s overall revenue.
Avanade and IBM veteran Dave Seybold is now leading Atos North America, replacing former CEO Bryan Ireton, who took the role last June 1 after serving as Atos’ senior vice president in charge of infrastructure and data management for North America.
ICAEW’s public sector team examines some key differences between International Financial Reporting Standards and International Public Sector Accounting Standards, and the suitability of each in public sector financial reporting.
Financial reporting is the process of recognising, measuring and disclosing information that enable users to get an informed view of the financial position and performance of an entity that should allow them to make useful decisions and hold the entity to account. Measurement goes right to the heart of financial reporting and can involve complex models and judgement and can therefore be quite subjective.
In April 2021, the International Public Sector Accounting Standards Board (IPSASB) issued an exposure draft on a new measurement standard covering all major measurement bases and techniques. There is an International Financial Reporting Standard (IFRS) on fair value (IFRS 13) but fair value is just one of many measurement bases available.
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Swan selects Legerity’s IFRS17 SaaS solution
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“When reviewing solutions in the market we identified Legerity FastPost as the most complete and flexible solution to address our IFRS17 needs. LONDON (PRWEB) May 13, 2021 Swan, one of Mauritius’s largest insurers has selected Legerity’s FastPost Express for IFRS17 solution to help it transition to the new International Financial Reporting Standard (IFRS17). The new standard takes effect from January 2023 and is one of the most significant changes to accounting in the insurance sector in years.
FastPost Express for IFRS17 is a third-generation accounting rules cloud platform. SaaS delivered with best practice, out of the box configuration, which provides a fast and effective route to deliver this new complex accounting standard for all sizes of life, general and reinsurance firms.