Consolidation: Laying the Groundwork for Sustainable Compliance

This paper provides an overview of recent changes to US Federal and International Securities Law, and the effect of these changes on the financial administration and reporting of both private and public companies. This paper will examine the deficiencies of current consolidation systems on the market, and the solutions found in the IBM Cognos 8 Controller, which provides built-in financial intelligence and advanced analysis capabilities to deliver on conformity requirements for consolidation.