Company executives, boards, and investors are relying more and more on their financial reporting teams to provide the information and analysis necessary to make crucial corporate decisions and drive strategy. To get this data more quickly and accurately, financial reporting professionals need to ask these 6 questions about their processes.
In an environment of evolving regulations and ever-increasing data in both volume and complexity, it is critical to establish effective processes that will render timely and accurate external reporting. Filing with the SEC is a high-stakes and deadline driven process that is heavily dependent on coordination of various departments across the company. Here are four steps you can incorporate into your processes today to significantly improve and streamline your regulatory reporting workflow.