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Financial Reporting-Who Needs It?
Solid financial reporting applications are as different from run-of-the-mill reporting tools as financial accountancy is from bookkeeping. Organizations

financial statements preparation  common reporting to elaborate financial statements for external users, such as, for example, decision makers, stakeholders, and suppliers. These users also have some rights—legal or moral—to access certain financial information about an organization, but generally have to rely on negotiation or specific regulations to obtain it. Financial reporting applications can support the process of data summarization for the benefit of external users, while helping organizations to share information as Read More...
Financial Packages
Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.
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Documents related to » financial statements preparation


Streamlining Your Conversion to IFRS: Challenges, Choices, and Transformative Technologies
Transitioning to international financial reporting standards (IFRS) is more than just a mandate—it’s an opportunity for companies to improve their financial

financial statements preparation  IFRS , Presentation of Financial Statements , Accounting Financial Reporting , Generally Accepted Accounting Principles , GAAP , Transformative Technologies , Rote Accounting Exercise , Financial Policies , International Financial Reporting Standards Convergence , Financial Reporting Systems , Structure of IFRS , Transparent Financial Reporting , Scope and Impact of IFRS , Adopting IFRS , Financial Accounting Systems , Proliferation of Financial Products , Facilitate Financial Statement Comparisons , Read More...
Using Business Intelligence Infrastructure to Ensure Compliancy with the Sarbanes-Oxley Act
The 2002 Sarbanes-Oxley Act (SOX) has affected organizations, their data, and their reporting processes, putting a strain on how their financials are managed

financial statements preparation  to assess and validate financial statements with sophisticated reporting and analytics, and to create an audit process with a searchable repository for financial documents, processes and controls. Financial processes are tightly controlled, and reporting cycles are greatly reduced (compared to organizations able to run month-end reports only), due to the structures already in place for cleansing, consolidating, and assessing data. Also, SAS Financial Intelligence allows users to consolidate data from Read More...
Top 10 Ways the Transition to IFRS Will Impact Your ERP System
GAAP, or Generally Accepted Accounting Principles, have long defined the standards for accounting and related practices in the US. GAAP ensures that companies

financial statements preparation  in financial statements. IFRS financial statements are significantly more complex than GAAP financial statements. Some (particularly those who earn their livelihood based on GAAP expertise) argue that this complexity threatens to undermine the utility of IFRS financial statements. Indeed, there is a real danger that the preparation of IFRS financial reports will become a technical compliance exercise rather than a mechanism for communicating actual organizational performance (to say nothing of financial Read More...
The Certification of an ERP Accounting Package


financial statements preparation  displays, control reports and financial statements verify all aspects of accounts payable, accounts receivable, budgeting, vendor and customer management perform additional processing against accounts making use of journal entries, memos, and vouchers examine project and job management test the purchasing and order entry systems, testing invoicing, purchase limits, credit limits, escalation when limits are exceeded, and respective adjustments. perform buyer and salesmen handling examine field and user Read More...
Workday Update 18-Enhanced Financial and Workforce Management Capabilities
In an analyst webinar, Workday announced Update 18 of its Workday solution, which proposes enhancements for financial management, workforce engagement

financial statements preparation  Update 18-Enhanced Financial and Workforce Management Capabilities In an analyst webinar, Workday announced Update 18 of its Workday solution, which proposes enhancements for financial management, workforce engagement, performance management, and flexibility. In 2012, Workday had three significant updates demonstrating sustained efforts to advance its product at a fast pace. Furthermore, the update contains more than 100 new items, 60 of which address client feedback that was collected through the Read More...
Evaluating Financial Management Software: Is It Time for a Change?
Before you decide if you need to update your financial management software, you should ask some questions about five key areas of your operations. For example

financial statements preparation  Financial Management Software: Is It Time for a Change? Before you decide if you need to update your financial management software, you should ask some questions about five key areas of your operations. For example, does your current system generate the types of reports you need? And does it allow your processes to support your policies? Evaluate all the challenges you face with your current financial management software—and find out how you can overcome them with an upgrade. Read More...
Oracle E-Business Suite (12.1) for Financial Packages Certification Report
Oracle E-Business Suite (12.1) is now TEC Certified for online comparison of financial packages in TEC's Evaluation Centers. The certification seal is a

financial statements preparation  E-Business Suite (12.1) for Financial Packages Certification Report Oracle E-Business Suite (12.1) is now TEC Certified for online comparison of financial packages in TEC's Evaluation Centers. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More...
Oracle Financial Analyzer to Hyperion Planning Migration
This paper focuses on identifying the similarities and differences between Oracle Financial Analyzer (OFA) and Hyperion Planning (HP). For users who are

financial statements preparation  Financial Analyzer to Hyperion Planning Migration This paper focuses on identifying the similarities and differences between Oracle Financial Analyzer (OFA) and Hyperion Planning (HP). For users who are migrating, or thinking of migrating, to Hyperion Planning, strategies will be discussed to ensure their existing functionality can be replicated in HP. The paper is aimed at users who are familiar with OFA or similar multidimensional database applications. Read More...
2011 Buyer's Guide to Accounting and Financial Software
Learn more about theadvantages of the new generation of finance and accounting systems in The 2011 Buyer's Guide to Accounting and Financial Software...

financial statements preparation  Guide to Accounting and Financial Software 2011 Buyer's Guide to Accounting and Financial Software Is your organization using antiquated financial and accounting software? The answer is likely yes. Virtually every major financial and accounting solution can trace its roots to the late 1980s transition from DOS to Windows. Modern finance and accounting systems are now designed for today's Internet-driven, always-on, always-connected, fast-changing world. Learn more about the advantages of the new Read More...
Infor Lawson Enterprise Financial Management
Lawson Human Capital Management provides organizations with the information they need to maximize workforce potential. By helping identify key talents, the

financial statements preparation  Lawson Enterprise Financial Management Lawson Human Capital Management provides organizations with the information they need to maximize workforce potential. By helping identify key talents, the suite helps ensure that the right people are in the right positions to maximize their contribution and potential. Lawson Human Capital Management helps human resources (HR) contribute to organizational excellence with applications that support business operations. By automating administrative processes, it Read More...
Getting Strategic Planning and Financial Planning in the Same Bailiwick
To provide useful financial insight on projects, financial managers need to think about business strategy more like a series of options than a single projected

financial statements preparation  Strategic Planning and Financial Planning in the Same Bailiwick By partnering with operations on balanced scorecard initiatives, financial managers are helping their companies focus on critical business processes and gain consensus on the critical set of measures to help drive desired business results. In addition, with the explosion of Enterprise Resource Planning (ERP) and e-Commerce systems, financial executives are leading the charge in going from theory to practice by developing a cascading Read More...
Davidson Companies
Davidson Companies is a leading regional financial services holding company in northwestern United States composed of five subsidiaries and 1,200 employees. The

financial statements preparation  is a leading regional financial services holding company in northwestern United States composed of five subsidiaries and 1,200 employees. The company’s back-office infrastructure could no longer support the timely and efficient administrative and financial reporting across all business units. Find out how TEC’s approach to software selection helped Davidson choose a fully integrated system in just 6 months. Read More...
Financial Planning: Mastering the Key Value Drivers
In business, planning plays a fundamental role in analyzing and forecasting key financial data. While forecasting future events is one benefit of planning, it

financial statements preparation  analyzing and forecasting key financial data. While forecasting future events is one benefit of planning, it can also be used to achieve a series of objectives, including regulatory compliance. In order to achieve these objectives, companies should consider implementing a unified customer performance management (CPM) solution—one that takes compliance into consideration. Read More...

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