Organisations typically face a number of challenges dealing with external financial reports related to data, time, audit process and no common system. This article looks at how CFOs can reduce financial reporting risks by reaping the benefits of automation.
Company: IBM | Published: 23 November 2012 | Business Area: Financial Reporting
Despite being so important, the process to create the annual report, the 10-K and the 10-Q is still stuck in the Middle Ages. Merging multiple sources of data from separate staff can be problematic. This paper provides advice on how to improve the annual reporting process and avoid costly mistakes.
Company: IBM | Published: 19 November 2012 | Business Area: iXBRL
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