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Leading Practices in Financial Consolidation, Close, and Reporting

Date: Jan 23, 2019 02:00 pm, Eastern

When your company was in its infancy, there was no need for a consolidation product: once you loaded up all the journal entries for your single location into your General Ledger, it would output your Net Income for the month.  Over time, though, your company started opening more locations each one of which provided its own financial information.  And then locations started opening up around the world requiring currency conversion.  Eventually, your divisions started selling things to each other and suddenly there was the need for intercompany eliminations and adjustments. Next thing you know, you started acquiring and divesting entities around the globe.

Now that you’re a large, national or multi-national organization, what are the best practices in financial consolidation and reporting that will enable you to provide up-to-date accounting information to users world-wide? Come to this session and learn how you can easily meet the internal and external demands of your company as you achieve a world-class financial close and managementprocess.

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