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Financial Reporting



Your company chief financial officer or controller is advised to work closely with your external accountants to determine if, when, and how you should change your financial reporting to conform to IFRS rules.
Related to Financial Reporting: Accounting and Financial Management, Compliance Management/Sarbanes-Oxley Compliance, Enterprise Accounting, Government and Legal, Multinational Accounting, Regulatory and Compliance, Tax Compliance, Tax Preparation and Reporting, Sage
IFRS reporting standards highlight the fact that companies will need to maintain—and, in some cases, strengthen— internal controls over financial reporting. Gone are the days of large volumes of manual adjustments using desktop tools that created enormous financial compliance and data control issues.
Related to Financial Reporting: Accounting and Financial Management, Accounts Payable (A/P), Accounts Receivable (A/R), Business Process Management, Enterprise Management, Enterprise Resource Planning (ERP), Executive Views, General Ledger, Government and Legal, Management Practices, Multinational Accounting, Standards and Compliance, Tax Compliance, Technology Evaluation Centers, Manufacturing
"[IFRS] convergence brings a onetime opportunity to comprehensively reassess financial reporting, taking a clean-sheet-of-paper approach to financial policies and processes and the technology that supports them," writes Andrew Bray, technology director at PricewaterhouseCoopers LLP in the 2009 white paper "Complying with International Financial Reporting Standards.
Related to Financial Reporting: Accounting and Financial Management, Consolidation Statements and Performance Reporting (CS-PR, Aggregation), Enterprise Accounting, Regulatory and Compliance, Tax Preparation and Reporting, SAP
Driving sustainable growth requires profitability-focused planning and performance management. Most companies have some type of profitability reporting?but many are investing a lot of effort to produce this information. And the limitations to the information companies currently compile may have a significant impact on decision making. Learn how automating profitability reporting can help your company improve decisions.
Related to Financial Reporting: Business Intelligence (BI), Data Management and Analysis, Decision Making, Management Practices, Practices and Business Issues, Strategy, SAP
In Europe, the EU parliament has decided that all countries must streamline the laws for financial reporting in accordance with IFRS rules from IASC.
Related to Financial Reporting: Compliance Management/Sarbanes-Oxley Compliance, Enterprise Resource Planning (ERP), QAD, Management of Companies and Enterprises
US Sugar required a comprehensive planning and performance management solution that would enable financial reporting, monthly forecasting, cost allocations, consolidations, actuals analysis, and strategic planning.
Related to Financial Reporting: Business Intelligence (BI), Business Performance Management (BPM), Data Management and Analysis, OutlookSoft, Management of Companies and Enterprises, Management, Scientific, and Technical Consulting Services
3 upgraded financial reporting features could do for Joshen and (3) recognition that VAI in-house technical expertise could customize its flexible, Web-based software package to meet Joshen fluid organizational dynamics. According to Trisnar, "VAI understood Joshen business and our unique requirements.
Related to Financial Reporting: IT Infrastructure, IT Monitoring and Management, Office Application and Automation, Practices and Business Issues, Project and Process Management, Project Scheduling, Systems Integration, VAI, Manufacturing, Retail Trade
Global manufacturers appreciate Plex Online for its robust financial reporting and operations management functions, including a real-time look at the financial health of the enterprise via a series of configurable management dashboards.
Related to Financial Reporting: Accounting and Financial Management, Enterprise Resource Planning (ERP), Regulatory and Compliance, Plex Systems
To determine how quickly you should close and report, you need to understand where you sit compared to your peers, either by geography or industry, and how this relates to the relative complexity of your performance management and financial reporting process.
Related to Financial Reporting: Accounting and Financial Management, Budgeting, Financial Planning, and Analysis, Business Process Management, Data Management and Analysis, Gain/Loss Reporting, Tax Preparation and Reporting, SAP
Business Challenges Accelerate cycle time for planning and budgeting and increase business user productivity Improve the accuracy of planning and forecasting Model potential business strategies and decide on a course of action that maximizes value creation Streamline the statutory consolidation process Keep compliance and auditing costs down Key Features Business planning and budgeting - Gain support for top-down and bottom-up planning and budgeting, leading to timely, more accurate plans
Related to Financial Reporting: Budgeting, Financial Planning, and Analysis, End-User Query and Reporting, Forecasting, SAP
The new director of finance recognized the need to move to a financial reporting system that featured technology advances.
Related to Financial Reporting: Business Intelligence (BI), Business Performance Management (BPM), Data Management and Analysis, Gain/Loss Reporting, Management Practices, On-line Analytical Processing (OLAP) and Multi-dimensional Analysis, Strategy, Tax Preparation and Reporting, Oracle
For multi-organizational enterprises, generally accepted accounting principles (GAAP), Sarbanes-Oxley (SOX), and International Financial Reporting Standards (IFRS) have made everything from closing the books to daily management more complex. Learn how to manage the sales and financial components of your enterprise, including requirements for addressing differing currencies, taxation rules, and reporting.
Related to Financial Reporting: Accounting and Financial Management, Compliance Management/Sarbanes-Oxley Compliance, Consolidation Statements and Performance Reporting (CS-PR, Aggregation), Multinational Accounting, Payroll and Personnel Accounting, Regulatory and Compliance, Sales Management, NetSuite
But when business began to increase, the lack of sophisticated financial reporting and the need for improved financial controls became significant issues.
Related to Financial Reporting: Accounting and Financial Management, Accounts Payable (A/P), Accounts Receivable (A/R), End-User Query and Reporting, Intacct Corp
--> Email this to a friend View More Related Papers Receive White Paper Updates White Paper Description Compliance with the US Sarbanes-Oxley Act (SOX) is not a one-time project, but a sustained effort to gain visibility into processes affecting financial reporting accuracy.
Related to Financial Reporting: Compliance Management/Sarbanes-Oxley Compliance, IT Infrastructure, Solidcore Systems, Inc., Information
name = TEC_WP; Logrhythm and Sox Compliance by LogRhythm --> Email this to a friend View More Related Papers Receive White Paper Updates White Paper Description In order for a business to stay on top of compliance requirements required by the Sarbanes-Oxley Act (SOX)—and avoid financial penalties or possible jail time—it must take a good look at its IT environment and financial reporting processes.
Related to Financial Reporting: Access Control, Accounting and Financial Management, Asset Management, Computerized Maintenance Management System (CMMS), Identity Management/User Provisioning, Intrusion Detection, Network Management, Network Security Monitoring, Regulatory and Compliance, Security, Vulnerability Scanning and Assessment, Web Log Analysis, LogRhythm, Finance and Insurance, Manufacturing, Professional, Scientific, and Technical Services
 
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