Beyond the 'Final Mile' of Group (Corporate) Financial Reporting

The group (corporate) financial reporting process has been in a constant state of flux since the introduction of the Sarbanes Oxley Act in 2002. Regulation and compliance have been in the 'Driving seat', stretching the breadth of reporting, accelerating reporting deadlines, introducing new information requirements and ushering in a new era of electronic filing based on the global XBRL standard. But the greatest impact has been on the final throes of the financial reporting supply chain - the so called 'Final mile' - loosely defined as the stage between the final group consolidation and the presentation of the fully adjusted results and disclosures to internal and external stakeholders.

Provided by: Oracle Topic: Enterprise Software Date Added: Apr 2011 Format: PDF

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