FP&A and business analysts can make reporting more effective by reimagining how, what and when their company does its reporting. They should provide the users of their reports the information they want in a form they want it. They should be thinking about how they can make reporting more effective by rethinking how data is presented, how interactive it is, and what visualizations are used. Rethinking how to combine narratives, data, charts and graphics to everyday communications. How to add...
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Topics:
FP&A,
Office of Finance,
CFO,
financial regulation,
financial reporting,
financial risk management,
financial standards,
tax planning
I have commented before on the movement to adopt International Financial Reporting Standards (IFRS) by the United States to replace US-GAAP (Generally Accepted Accounting Principles). Most recently I discussed the drive to harmonize the significant differences between US-GAAP and IFRS on revenue recognition and lease accounting. To those who are interested in but not intimately involved with the subject, I suspect the current situation is a bit confusing, since there are multiple groups...
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Topics:
Reporting,
audit,
Consolidation,
IFRS,
US-GAAP accounting,
XBRL,
Business Analytics,
Business Collaboration,
Business Performance Management (BPM),
Financial Management,
Financial Performance Management (FPM),
financial standards,
FPM
