Pacera Launches to Power Up the Office of the CFO
Pacera, a new software company created to modernise how Finance teams work, launches today. Formed by unifying three established Nordic finance solutions, Aico for Financial Close, AARO for Consolidation and Mercur for FP&A, Pacera brings their strengths together into one company, one vision and one reliable source of financial truth. By combining shared data foundations, proven financial workflows and AI-driven intelligence, Pacera enables Finance organisations to work […]
Our 2025 donation brings sustainable light to The Nchiru Children’s Village
As the year comes to a close, we as a group – AARO, Aico, and Mercur – reflect on how we can contribute to long-term, meaningful change. This year, we proudly continue the AARO tradition of supporting The Nchiru Children’s Village in Meru, Kenya – home to around 900 vulnerable and orphaned children across three […]
Close the year with confidence: Get your complete Year-End Close Checklist
A practical, step-by-step checklist that helps finance teams streamline pre-close work, reduce consolidation risks, and prepare for a smooth audit. Year-end close does not have to be stressful. With the right structure in place, your team can shorten timelines, increase reporting accuracy, and reduce last-minute surprises. This checklist walks you through the critical steps needed […]
Proposed updates to IAS 28: Strengthening the application of the equity method
The International Accounting Standards Board (IASB) is taking important steps to improve the application of the equity method of accounting under IAS 28 Investments in Associates and Joint Ventures. The changes, outlined in an Exposure Draft issued on 19 September 2024, aim to address long-standing application questions about the equity method by introducing new requirements […]
AARO Joins Forces with Aico & Mercur to Form Unified and Complete Financial Corporate Performance SaaS Platform; Michael Teixeira Named Group CEO
Stockholm, SWEDEN – [July 14, 2025] — Accel-KKR, a global technology-focused investment firm, today announced the successful closing of AARO, a leading provider of Corporate Performance Management (CPM) solutions, and bringing together AARO with financial software providers, Aico and Mercur. This marks a significant milestone in the formation of a unified company focused on delivering […]
Accounting for lease modifications: A lessee perspective
Background IFRS 16 Leases was issued in January 2016 and it is effective for accounting periods beginning on or after 1 January 2019. Companies have interacted with the standard for close to six years now and this is no longer a new standard. While the users have understood most of the concepts and practical issues […]
Streamline not just your financial close – but your lease accounting too!
Lease accounting was a hot topic at AccountEx in London in May, with upcoming changes to accounting standards taking effect from 1 January 2026. Many accounting and finance professionals took the opportunity to explore how AARO Lease can support their compliance journey. AARO Lease is built to automate complex lease calculations and ensure compliance with […]
IFRS S1 and IFRS S2: Strengthening Global Sustainability Reporting
The introduction of IFRS S1 and IFRS S2 by the International Sustainability Standards Board (ISSB) sets a new global benchmark for sustainability-related financial disclosures. Effective for reporting periods beginning 1 January 2024, these standards aim to improve the consistency, transparency, and decision-usefulness of sustainability and climate-related reporting across industries and markets. IFRS S1 provides general […]
Overview of IFRS S1 & S2 Sustainability Reporting Standards
Sustainability reporting has evolved significantly, moving from voluntary corporate social responsibility (CSR) reporting – often used to highlight ethical practices and community engagement – to a set of mandatory, investor-focused disclosures aligned with financial reporting standards. Sustainability reporting, in its early stages, lacked consistency and comparability, limiting its usefulness to investors and stakeholders seeking to […]
Three new customers in Norway!
AARO continues to grow in Norway, and we’re excited to welcome three new customers who are looking to streamline their reporting processes. They’ve chosen AARO SaaS for their group accounting, consolidation, and reporting needs. Sentia is a leading construction group consisting of two companies – HENT and SSEA. The companies formed a joint group in 2024 […]