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 […]
BEPS and Pillar 2 – How Will It Affect Your Company?
Multinational enterprises with revenues exceeding EUR 750 million must now navigate the complexities of BEPS Pillar 2, a global minimum tax directive under the OECD. With a minimum effective tax rate of 15% per jurisdiction, many companies are working intensively on reporting and compliance – but what does this mean in practice? In our latest […]
BEPS and Pillar 2 – What you need to know
Companies around us with a turnover exceeding SEK 7 billion are working on their report and analysis of Pillar 2. This is, to say the least, a complicated area, and most companies seek some form of assistance with it. This article introduces BEPS- Pillar 2 and highlights how we at AARO can support our clients. […]
Your Finance Transformation Journey starts with AARO Corporate Performance Management
The world is changing rapidly, and businesses must adapt to thrive. At AARO, we are at the forefront of financial transformation, empowering companies to plan, adapt, and drive growth with innovative, streamlined solutions. We deliver business insights and financial intelligence that redefine Consolidation, Reporting, and Performance Management. Meet the AARO team at AccountEx, the World’s […]
What role does the IFRS Digital Taxonomy play in ensuring consistency and transparency?
Digital financial reporting is transforming how financial information is shared, analyzed, and regulated. With new concepts in reporting frameworks and increasing regulatory demands, capital markets worldwide face challenges in comparing and analyzing financial data across companies. How can digital financial reporting solve this? And what role does the IFRS Digital Taxonomy play in ensuring consistency […]
Demystifying Digital Financial Reporting for better comparability and analysis
In recent years, there have been many changes with new concepts in the reporting frameworks as regulators strive to assert their authority and ensure the free flow of information on financial reports for listed companies in various capital markets across the world. This has created a need for solutions that enable capital market participants, regulators […]
Key Considerations for Earnouts: Accounting Implications Under IFRS 3
How have Acquisition Agreements evolved, and what’s next? Mergers and acquisitions have faced a slowdown in early 2024, prompting companies to explore new ways to secure deals. One growing trend is the use of earnouts – where additional payments depend on the acquired company meeting specific post-acquisition targets. Amanda Nilsson, Application Consultant at AARO, explores […]
Key Considerations for Earnouts: Accounting Implications Under IFRS 3
Over the past few years, there has been an increase in acquisition agreements that include clauses requiring certain conditions to be met before considerations are paid.According to PwC, global activity in mergers and acquisitions has been at a low level during the first half of 2024[1]. Our observation is that this trend is a response […]
Successfully finalizing our Pilot Sustainability Project with a customer!
During the spring of 2024, we launched a pilot project to implement a Sustainability Note Package with a customer. The Accounting expert panel was assigned a task top develop a reporting package within sustainability during 2023, which resulted in a set of nearly 100 notes and key performance indicators split about 50% on climate, and […]