Remove CFO Remove Currencies Remove GAAP Remove Reconciliations
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IBM Cognos Controller: Financial close management managed by the office of finance

Future CFO

It also helps finance teams deliver financial results, create informative financial and management reports, and provide the chief financial officer (CFO) with an enterprise view of key financial ratios and metrics. DOWNLOAD NOW.

Finance 52
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Relieving the Pain of Year-End Close and Reporting

Planful

Then we would key the numbers into a spreadsheet and perform the currency translations there. (I Intercompany reconciliations were a nightmare, with many phone calls to the foreign subs. Consolidating the financial results following US GAAP or IFRS guidelines, including these steps: Performing currency conversions.

IFRS 40
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Want a Smoother Year-End Close? Get it Right Each Month and Quarter

Planful

These results then require consolidation following US GAAP or IFRS guidelines. If the business operates in different geographies there will be the additional complexity of multiple currency conversions, intercompany reconciliations and accurate accounting of minority interests. Attend to Reconciliations Early.