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IBM Cognos Controller: Financial close management managed by the office of finance

Future CFO

Finance organizations regularly face the challenges of meeting strict deadlines and satisfying data quality requirements for closing the books and delivering accurate financial statements. It enables finance teams to automate and accelerate the financial close with minimal IT support. DOWNLOAD NOW.

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Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger.

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How to Comply with Accounting Standards for Nonprofits

The Charity CFO

Because of their unique structure and operational model, nonprofits must comply with various accounting standards that are, in many ways, different from for-profit organizations. In the United States, these Generally Accepted Accounting Principles (or GAAP) are set by the Financial Accounting Standards Board (FASB).

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How to Build Shareholder Trust with Reliable Financial Reports

Planful

Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)-compliant, so you can focus on what matters—telling your company’s financial story. “Now we have one set of data and one view of life,” says Mark Cohen, VP of finance at Thule.

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What is the Financial Consolidation Process in the Accounting World?

Planful

But in the accounting world, “financial consolidation” is a well-defined process that includes several complexities and accounting principles. Here are the key accounting consolidation steps in the finance consolidation process : Collecting trial balance data (e.g.,