Reliable and timely financial reporting is essential given the heightened expectations of today’s investors, regulators, and other stakeholders. This, combined with increasingly complex financial reporting standards; reporting requirements associated with mergers, acquisitions, and divestitures; and a shortage of necessary finance resources and talent, poses significant challenges for companies. Meanwhile, the need to optimize the efficiency and effectiveness of the financial reporting function has never been more pronounced. As a result, finance executives need to identify and pursue opportunities to:
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