Reporting obligations narrowed to the largest companies One of the most notable changes is a major narrowing of the group of companies subject to mandatory Taxonomy reporting. Under the new rules, only the largest companies will be required to report – specifically those that: employ more than 1,000 people, and have annual turnover exceeding €450 […]
Why forecasting feels impossible right now When you look at today’s economic climate, CFO’s aren’t just forecasting numbers, they’re forecasting instability. Global developments, such as sudden tariff impositions, commodity price volatility, interest rate fluctuations and localised regulatory shifts or ESG risks, can derail even the most carefully considered financial plans. This level of uncertainty demands […]
Save time and reduce manual work by automating data updates Many companies dream of having rolling forecasts and improved accuracy – but making that a reality often takes a lot of manual effort. Finding the right numbers, ensuring they’re up to date, and manually entering them into a budget spreadsheet takes time. Time that would […]
One of the most notable aspects of the EU ViDA reforms is the introduction of Digital Reporting Requirements (DRRs), which will take effect on 1 July 2030. These will require e-invoicing between businesses, as well as digital reporting to tax authorities for B2B intra-community supplies. This article explains the main elements of the reforms with […]
But as data strategies evolve, business environments grow more complex, and demands for real-time, scalable, and integrated analytics increase, Power BI alone may no longer be enough. This is where Microsoft Fabric enters the picture. What is Power BI really designed for? At its core, Power BI is a powerful self-service analytics and reporting tool. […]
20 Years of Experience, Two Employers Vesa Aaltonen began his career in finance at an early stage and now counts 20 years of experience in the field. He studied at Turku School of Economics, specializing in accounting and finance. Alongside his studies, Aaltonen worked as an intern at the Department of Accounting, and the researcher […]
Finance hasn’t been a just a back-office function in a long time. It’s a forward-looking partner to business growth. By combining the right technology, people and insights, companies can build financial models that don’t just reflect the business, but help shape it. Also, a budget isn’t just a plan for spending; it’s a blueprint for […]
In our previous posts, we explored the “what” and “why” of Diversity, Equity, and Inclusion (DEI), showing its importance in today’s workplace and discussing how exclusion often comes from unconscious biases. While understanding these challenges is an important first step, it’s not yet enough. Companies need actionable strategies to turn good intentions into measurable progress. […]
Sustainability reporting has been evolving ever since its inception. In recent years, much focus has been on the EU’s sustainability reporting directive, aimed at making reporting mandatory for a large number of companies. The goal was to enable the comparison of different companies’ sustainability efforts through standardized reporting. Once the directive and reporting standard were […]