Ensure timely and risk-free reportingCrossing the finish line in 2012 |
- January 2012
- 81 KB
Faster financial reporting: Crossing the finish line in 2012- Area: Faster Financial Reporting
Background
For companies that report to the market with a 30 June year-end or interim reporting period, the London 2012 Olympic and Paralympic Games represent a significant challenge for timely and risk-free reporting.
Key findings
Many businesses have not yet considered the impact the Games may have – on demand for their products and services, and on their ability to sustain business operations and meet the expectations of staff and customers.
In view of this, businesses should be thinking about and preparing for a faster close of year-end books and accelerated reporting processes to help ensure timely and risk-free reporting. The benefits of accelerating the close process include:
- Freeing up time for other value-add work or business projects
- Faster delivery of information for decision-making
- Better communication with shareholders
- Increased efficiency and effectiveness
- Increased staff morale
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Faster financial reporting: Crossing the finish line in 2012 (PDF, 81 KB)
