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| financial close and consolidation: SAP S/4HANA Finance for Group Reporting Ann Cacciottoli, Preparing consolidated financial statements for an enterprise with a parent and one or more subsidiaries requires a detailed review of underlying transactions in order to properly reflect results and financial position. For large, integrated, and multinational organizations, likely with millions of transactions, it is imperative that the financial accounting software facilitate this process. This expertly written guide focuses on leveraging SAP S/4HANA Finance for group reporting. Explore key functionality and how the universal journal has led to the evolution of the group reporting solution. Using a detailed case study, the author discusses configuration and master data and walks the reader through the period-end process for consolidation and explores reports using financial transactions that have already been entered into SAP S/4HANA Finance for group reporting. Explore reports delivered with SAP S/4HANA Finance for group reporting. This book is targeted at both finance professionals and the functional consultants who perform the configuration and execution of processes for preparing consolidated financial statements. By using practical examples, tips, and screenshots, this book covers: </br> </br> - SAP S/4HANA Finance for group reporting and the universal journal</br> - Configuration and master data</br> - Period-end process for consolidation</br> - Reporting and analysis</br> |
| financial close and consolidation: Group Reporting with SAP S/4HANA Eric Ryan, Thiagu Bala, Satyendra Raghav, Azharuddin Mohammed, Sumit Kukreja, 2024-10-24 Get financial consolidation up and running! With this comprehensive guide, learn how to set up and use SAP S/4HANA Finance for group reporting. Organize your financials information by configuring global settings, master data, and transaction data. Walk through each group reporting process--intercompany elimination, consolidation of investments, and matrix consolidation--following step-by-step instructions for setup and execution. With details on consolidation reporting, this is the only book you need for a successful corporate close! In this book, you'll learn about: a. System Setup Discover how group reporting fits into the architecture of SAP S/4HANA Finance. Customize key settings to suit your business: consolidation units, financial statement items, journal entries, data validation rules, and more. b. Consolidation Processes Perform a successful consolidation! Set up and run critical processes such as currency translation, intercompany profit elimination, and consolidation of investments using the Data Monitor and the Consolidation Monitor. c. Reporting Once your consolidation is complete, it's time to report your results. Use reporting rules to create flexible custom reports, and then explore reporting tools in SAP S/4HANA, SAP Analysis for Microsoft Office, and SAP Analytics Cloud. Highlights include: 1) Master and transaction data 2) Currency translation 3) Intercompany elimination 4) Consolidation of investments 5) Consolidation entries 6) Matrix consolidation 7) Data Monitor 8) Consolidation Monitor 9) Reporting items and rules 10) Consolidation reporting |
| financial close and consolidation: Profitability Analysis with SAP S/4hana Kathrin Schmalzing, 2020-11-25 Whether you're running account-based or costing-based CO-PA, this is your one-stop shop for profitability analysis with SAP S/4HANA! Get the step-by-step instructions you need for configuring master data, operating concerns, value flows + and setting up your system. Then run your profitability operations and master both planning and reporting. + sentence about running profitability operations, from this to that. With this guide to CO-PA, you're ready for SAP S/4HANA!-- |
| financial close and consolidation: Fast Close Steven M. Bragg, 2009-03-16 Praise for Fast Close: A Guide to Closing the Books Quickly Steve captures the essence of the problems affecting the financial close process within corporations of all sizes; from the period close of subledgers and general ledger through financial reporting, and the relationship and interdependencies of governance, people and technology. A must-read for the corporate controller. —David Taylor, ACMA, MBA, VP Strategy, Trintech Inc. Fast Close: A Guide to Closing the Books Quickly, Second Edition is a must-read for today's busy controllers. Steven Bragg points out everything that can be done outside the close that you just never realized didn't actually have to be part of the month-end close process! Very commonsensical approach! —Kathleen Schneibel, mba, cpa, Controller/CFO for Hire, KMAS Consulting LLC A well-executed 'fast close' can bring many valuable benefits to any company, from improving organizational performance to transforming accounting executives from financial historians to trusted advisors. In Fast Close, Second Edition, Steve systematically breaks down the steps required to achieve a fast close in both public and private companies, providing financial executives with tips, checklists, and a cost-effective road map to implement fast close procedures in virtually any company. —Matthew Posta, Esq., CPA, Vice President of Finance, Key Air, LLC FROM THE FIRST EDITION This is an outstanding book in which Steve reveals his secrets to a fast close. Having personally experienced his (one-day) fast close for years and enjoyed the beneficial impact on my company, I highly recommend this book for all financial officers who desire to have a large, favorable impact on their company. —Richard V. Souders, President and CEO, Kaba Workforce Solutions |
| financial close and consolidation: Financial Soundness Indicators International Monetary Fund, 2006-04-04 Financial Soundness Indicators (FSIs) are measures that indicate the current financial health and soundness of a country's financial institutions, and their corporate and household counterparts. FSIs include both aggregated individual institution data and indicators that are representative of the markets in which the financial institutions operate. FSIs are calculated and disseminated for the purpose of supporting macroprudential analysis--the assessment and surveillance of the strengths and vulnerabilities of financial systems--with a view to strengthening financial stability and limiting the likelihood of financial crises. Financial Soundness Indicators: Compilation Guide is intended to give guidance on the concepts, sources, and compilation and dissemination techniques underlying FSIs; to encourage the use and cross-country comparison of these data; and, thereby, to support national and international surveillance of financial systems. |
| financial close and consolidation: Reporting Financial Performance Accounting Standards Board, 1992 |
| financial close and consolidation: Model Rules of Professional Conduct American Bar Association. House of Delegates, Center for Professional Responsibility (American Bar Association), 2007 The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts. |
| financial close and consolidation: Principles of Group Accounting under IFRS Andreas Krimpmann, 2015-06-02 A professional perspective to implementing IFRS 10, 11, and 12 The new International Financial Reporting Standards (IFRS) 10, 11, and 12 are changing group accounting for many businesses. As business becomes increasingly global, more and more firms will need to transition using the codes and techniques described in Principles of Group Accounting under IFRS. This book is a practical guide and reference to the standards related to consolidated financial statements, joint arrangements, and disclosure of interests. Fully illustrated with a step-by-step case study, Principles of Group Accounting under IFRS is equally valuable as an introductory text and as a reference for addressing specific issues that may arise in the process of consolidating group accounts. The new international standards will bring about significant changes in group reporting, and it is essential for accountants, auditors, and business leaders to understand their implications. Author Andreas Krimpmann is an internationally recognized authority on the transition from GAAP to IFRS, and this new text comes packaged with GAAP/IFRS comparison resources that will help make the changes clear. Other bonus resources include an Excel-based consolidation tool, checklists, and a companion website with the latest information. Learn about: Definitions, requirements, processes, and transition techniques for IFRS 10, 11, and 12 covering group level accounting Practical implementation strategies demonstrated through a clear case study of a midsize group Key concepts related to consolidated financial statements, joint ventures, management consolidation, and disclosure of interests Comparisons between GAAP and IFRS to clarify the required changes for international firms Whatever stage of the consolidation process you are in, you will appreciate the professional perspective in Principles of Group Accounting under IFRS. |
| financial close and consolidation: The Fast Close Toolkit Christine H. Doxey, 2019-12-18 This publication focuses on the critical methods that can be used to dramatically improve the fiscal closing process. The Record to Report (R2R) or Fiscal Closing Process is at the core of the controllership function. The process includes transaction processing, internal and external reporting, and the internal controls—the people, processes, and technology—that constitute the corporate organizational hierarchy. CFOs, controllers, and corporate finance departments require timely, accurate, and consistent data to make appropriate operational and strategic decisions and fulfill statutory, regulatory, and compliance requirements with accurate and timely data. The Fast Close Toolkit offers both strategic and tactical suggestions that can significantly improve the fiscal closing process and provides guidance on new legislation requirements, systems and best practice processes. Checklists, templates, process narratives, and sample policies are provided for every component of the fiscal close. Investors and shareholders expect fast and easy access to the data created by current business activities in the information-driven digital age. The Fast Close Toolkit provides the necessary tools and expert advice to improve the fiscal closing process. Authoritative and up to date, this book: Identifies the bottlenecks that can impact the and improvethe fiscal close process and provides best practices to help alleviate these challenges Defines the Record to Report (R2R) and recommends the roles and responsibilities for fiscal close processes flow Offers the internal controls to use for the end-to-end fiscal close process Describes approaches for risk management, R2R, and fiscal close benchmarking Identifies KPIs for all aspects of the R2R process Provides the mechanism for developing a financial close scorecard Recommends leading practices for both external and internal reporting Provides guidance on how strategic planning, the budget and forecast processes can be streamlined to enhance the fiscal close and internal reporting results Written by a respected expert on internal controls and the fiscal closing process, The Fast Close Toolkit is a valuable source of information for professionals involved in controllership and have responsibility for the fiscal close. |
| financial close and consolidation: Accelerated Financial Close using SAP S/4 HANA P. Sam, 2020-07-01 How can SAP S/4 HANA and a set of complementing systems help an organisation close the books faster? This book is meant for technology strategists, solution architects, project managers, SAP finance consultants, finance practitioners, and IT consultants. The financial closing process is a behemoth of a process, and it creates enormous strain on the resources of an organisation. There is a significant responsibility on each of the different departments like business, finance, information technology and any service partners to plan, orchestrate and execute the activities required for periodic financial closing. However, such a process can be significantly automated using SAP systems like S/4 HANA Finance and Group Reporting, Disclosure Management, Analytics Cloud. There are intelligent tools provided such as SAP Financial Closing Cockpit, Advanced Financial Close and partner solutions like Blackline Account Substantiation and Automation that can monitor and orchestrate part or whole of the closing process. |
| financial close and consolidation: Oracle Hyperion Financial Management Tips And Techniques Peter Fugere, 2011-10-22 Master Oracle Hyperion Financial Management Consolidate financial data and maintain a scalable compliance framework with expert instruction from an Oracle ACE. Oracle Hyperion Financial Management Tips & Techniques provides advanced, time-saving procedures not documented in user manuals or help files. Find out how to configure Oracle Hyperion Financial Management, import and reconcile data, deliver dynamic business reports, and automate administrative tasks. Stragegies for supporting, testing, and tuning your application are also covered in this comprehensive Oracle Press guide. Establish objectives and develop an effective rollout plan Set up and customize Oracle Hyperion Financial Management Create rules using VBScript and the Calculation Manager feature of Oracle Hyperion Foundation Services Load, test, and reconcile your data with Oracle Data Integrator and Oracle Hyperion Financial Data Quality Management Design, update, and distribute Web-based business reports Integrate content from Microsoft Excel, Word, and PowerPoint using SmartView Work with the Lifecycle Management feature of Oracle Hyperion Foundation Services Identify and resolve performance, design, and capacity problems |
| financial close and consolidation: Create Value As a Finance Business Partner Anders Liu-Lindberg, Henriette Fynsk, 2018-11-25 |
| financial close and consolidation: Monetary and Financial Statistics Manual and Compilation Guide Mr.Jose M Cartas, Artak Harutyunyan, 2017-11-09 This edition of Monetary and Financial Statistics Manual and Compilation Guide (Manual) updates and merges into one volume methodological and practical aspects of the compilation process of monetary statistics. The Manual is aimed at compilers and users of monetary data, offering guidance for the collection and analytical presentation of monetary statistics. The Manual includes standardized report forms, providing countries with a tool for compiling and reporting harmonized data for the central bank, other depository corporations, and other financial corporations. |
| financial close and consolidation: OneStream Foundation Handbook The Architect Factory, 2021-03-30 In this practical guide, The Architect Factory team at OneStream Software explains each part of a OneStream implementation, and the design of solutions. |
| financial close and consolidation: Introduction to Business Lawrence J. Gitman, Carl McDaniel, Amit Shah, Monique Reece, Linda Koffel, Bethann Talsma, James C. Hyatt, 2024-09-16 Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License. |
| financial close and consolidation: Accelerated Financial Closing with SAP James Fisher, Birgit Starmanns, Elizabeth Milne, 2013 Navigate the complex last mile of finance with speed, efficiency, and ease with this comprehensive end-to-end overview of the financial close process. Guided by practical business workflow scenarios and customer examples, you will develop a single financial close workflow and learn how to maximize the potential of SAPs financial close solutions. Next, critically evaluate your financial close process and create an action plan. |
| financial close and consolidation: Corporate Financial Reporting Andrew Higson, 2002-12-13 `This is a book which should be read by all students, whether undergraduate and postgraduate. It also provides a succinct guide for the manager who wishes to come to grips with this topic, or the accountant nostalgic to recollect the non too praiseworthy and indecisive history of this topic′ - Managerial Auditing Journal Corporate Financial Reporting critically examines contemporary corporate financial reporting. The complexity of the reporting process and the myriad of issues facing the directors, accountants and auditors can only be successfully understood from a firm conceptual base. Recent financial scandals clearly highlight the interrelationships between all the themes explored in this book, from financial reporting to auditing, from management′s motivations to fraud. Special features of this book include: - A critical examination of accounting ′theory′ - Senior practitioners′ insights on ′a true and fair view′ - An exploration of ′the financial reporting expectations gap′ - A discussion of the nature of ′corporate performance′ - An examination of corporate fraud - An examination of the implications of ′real-time′ reporting by companies - Discussion questions at the end of each chapter The book will be relevant to advanced undergraduate as well as postgraduate and MBA students. |
| financial close and consolidation: Government Finance Statistics Manual 2014 Mrs.Sage De Clerck, Tobias Wickens, 2015-03-10 The 2007–09 international financial crisis underscored the importance of reliable and timely statistics on the general government and public sectors. Government finance statistics are a basis for fiscal analysis and they play a vital role in developing and monitoring sound fiscal programs and in conducting surveillance of economic policies. The Government Finance Statistics Manual 2014 represents a major step forward in clarifying the standards for compiling and presenting fiscal statistics and strengthens the worldwide effort to improve public sector reporting and transparency. |
| financial close and consolidation: OneStream Planning Cameron Lackpour, Celvin Kattookaran, 2021-12-20 OneStream Planning: The Why, How and When is the first standalone book in the performance management space to cover the power and potential of Planning in OneStream. |
| financial close and consolidation: The Greenhouse Gas Protocol , 2004 The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions. |
| financial close and consolidation: Group Reporting with SAP S/4HANA Eric Ryan, Thiagu Bala, Satyendra Raghav, Azharuddin Mohammed, 2020-11-24 Perform financial consolidation in your SAP S/4HANA system! With this guide to SAP S/4HANA Finance for group reporting, learn about the new group reporting architecture and data model. Configure your master data and integrate transactional data for consolidation using the Data Monitor. Walk through your key consolidation tasks, including currency translation, intercompany elimination, financial close, reporting, and more. This is your comprehensive group reporting resource! In this book, you'll learn about: a. Configuration Set up master data elements and global settings to align with your exact specifications. Configure the Data Monitor dashboard to perform transactional data tasks such as data integration, balance carryforward, and data validation. b. Consolidation Follow step-by-step instructions to run your required consolidation processes. Translate currencies, perform intercompany elimination and matrix consolidation, manage consolidation entries, and execute financial close. c. Reporting Walk through the reporting architecture with CDS views and learn about available reporting tools. Use predefined local and group reports, drill-through functionality, and ad-hoc reporting. Highlights include: 1) Architecture 2) Master data 3) Transactional data 4) Data Monitor 5) Consolidation Monitor 6) Currency translation 7) Intercompany elimination 8) Consolidation of investments 9) Consolidation journal entries 10) Matrix consolidation 11) Financial close 12) Reporting |
| financial close and consolidation: PPC's Guide to Preparing Financial Statements Practitioners Publishing Co. Staff, 2004-11-01 Contains technical guidance and practice aids for preparation of financial statements. Contains sample documents, addresses, GAAP issues on a statement by statement basis. |
| financial close and consolidation: Fast Close Steven M. Bragg, 2009-04-06 Praise for Fast Close: A Guide to Closing the Books Quickly Steve captures the essence of the problems affecting the financial close process within corporations of all sizes; from the period close of subledgers and general ledger through financial reporting, and the relationship and interdependencies of governance, people and technology. A must-read for the corporate controller. —David Taylor, ACMA, MBA, VP Strategy, Trintech Inc. Fast Close: A Guide to Closing the Books Quickly, Second Edition is a must-read for today's busy controllers. Steven Bragg points out everything that can be done outside the close that you just never realized didn't actually have to be part of the month-end close process! Very commonsensical approach! —Kathleen Schneibel, mba, cpa, Controller/CFO for Hire, KMAS Consulting LLC A well-executed 'fast close' can bring many valuable benefits to any company, from improving organizational performance to transforming accounting executives from financial historians to trusted advisors. In Fast Close, Second Edition, Steve systematically breaks down the steps required to achieve a fast close in both public and private companies, providing financial executives with tips, checklists, and a cost-effective road map to implement fast close procedures in virtually any company. —Matthew Posta, Esq., CPA, Vice President of Finance, Key Air, LLC FROM THE FIRST EDITION This is an outstanding book in which Steve reveals his secrets to a fast close. Having personally experienced his (one-day) fast close for years and enjoyed the beneficial impact on my company, I highly recommend this book for all financial officers who desire to have a large, favorable impact on their company. —Richard V. Souders, President and CEO, Kaba Workforce Solutions |
| financial close and consolidation: An Introduction to Modern Financial Reporting Theory Brian A Rutherford, 2000 This book explains the content of the Accounting `Standards Board's new Statement of Principles for Financial Reporting' in an accessible language, specifically for the student of accounting and finance. |
| financial close and consolidation: Principles Ray Dalio, 2018-08-07 #1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press. |
| financial close and consolidation: Finance Unleashed Magnus Lind, Kelly Barner, 2017-10-26 Fast moving, to the point, and rooted in first-hand executive experiences, this book is for people of vision and action, and for creating the conditions required for growth, innovation, and increased competitive advantage. Finance Unleashed is based on a series of interactive interviews with a diverse group of global influencers and executives, all of which will challenge readers to think laterally and find inspiration in the new role of finance. Cases and interviewees represent organizations such as UPS and DHL, and the London School of Economics, and approaches such as Lean Six Sigma, innovation, customer-centricity, the financial supply chain, and behavioral procurement. The authors’ goal is to serve as a catalyst for leaders who are positioned to make meaningful changes today. The book includes a practical model to help executive teams redesign and refocus finance to drive business leadership - with an emphasis on the CFO. The model has three primary components: 1) Customer-Centricity - Listen and Map; 2) Process - Structure and Technology; and 3) Innovation - Create and Measure. These are presented as phases that each executive team will need to consider based on the goals and maturity level of their organization. For the CFO and ambitious finance executives, Finance Unleashed presents a path forward towards success and career advancement. For the CEO and the board, it presents an expanded vision for what financial organizations are capable of. |
| financial close and consolidation: Financial Sector Crisis and Restructuring Carl-Johan Lindgren, Charles Enoch, Leslie Teo, 1999 An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years. |
| financial close and consolidation: Financial Accounting and Reporting Barry Elliott, Jamie Elliott, 2011 Financial Accounting and Reporting is the most up to date text on the market. Now fully updated in its fourteenth edition, it includes extensive coverage of International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS). This market-leading text offers students a clear, well-structured and comprehensive treatment of the subject. Supported by illustrations and exercises, the book provides a strong balance of theoretical and conceptual coverage. Students using this book will gain the knowledge and skills to help them apply current standards, and critically appraise the underlying concepts and financial reporting methods. |
| financial close and consolidation: The Consolidated Tax Return Jack Crestol, Kevin M. Hennessey, Richard F. Yates, 1993-01-01 |
| financial close and consolidation: Principles of Managerial Finance ITT, Lawrence J. Gitman, Chad J. Zutter, 2010-05 |
| financial close and consolidation: The Master Guide to Controllers' Best Practices Elaine Stattler, Joyce Anne Grabel, 2020-07-08 The essential guide for today’s savvy controllers Today’s controllers are in leadership roles that put them in the unique position to see across all aspects of the operations they support. The Master Guide to Controllers’ Best Practices, Second Edition has been revised and updated to provide controllers with the information they need to successfully monitor their organizations’ internal control environments and offer direction and consultation on internal control issues. In addition, the authors include guidance to help controllers carryout their responsibilities to ensure that all financial accounts are reviewed for reasonableness and are reconciled to supporting transactions, as well as performing asset verification. Comprehensive in scope the book contains the best practices for controllers and: Reveals how to set the right tone within an organization and foster an ethical climate Includes information on risk management, internal controls, and fraud prevention Highlights the IT security controls with the key components of successful governance Examines the crucial role of the controller in corporate compliance and much more The Master Guide to Controllers’ Best Practices should be on the bookshelf of every controller who wants to ensure the well-being of their organization. In addition to their traditional financial role, today’s controllers (no matter how large or small their organization) are increasingly occupying top leadership positions. The revised and updated Second Edition of The Master Guide to Controllers’ Best Practices provides an essential resource for becoming better skilled in such areas as strategic planning, budgeting, risk management, and business intelligence. Drawing on the most recent research on the topic, informative case studies, and tips from finance professionals, the book highlights the most important challenges controllers will face. Written for both new and seasoned controllers, the Guide offers a wide range of effective tools that can be used to improve the skills of strategic planning, budgeting, forecasting, and risk management. The book also contains a resource for selecting the right employees who have the technical knowledge, analytical expertise, and strong people skills that will support the controller’s role within an organization. To advance overall corporate performance, the authors reveal how to successfully align strategy, risk management, and performance management. In addition, the Guide explains what it takes to stay ahead of emerging issues such as healthcare regulations, revenue recognition, globalization, and workforce mobility. As controllers adapt to their new leadership roles and assume more complex responsibilities, The Master Guide to Controllers’ Best Practices offers an authoritative guide to the tools, practices, and ideas controllers need to excel in their profession. |
| financial close and consolidation: T-Bytes Platforms & Applications V Gupta, 2019-10-31 This document brings together a set of latest data points and publicly available information relevant for Platforms & Applications. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely. |
| financial close and consolidation: "Mastering SAP Finance: 100 Essential Questions and Answers" Shameem Anas, 2023-09-10 Mastering SAP Finance: 100 Essential Questions and Answers Are you tired of the countless sleepless nights spent wrestling with the complexities of SAP Finance? Do you often find yourself in the throes of financial turmoil, desperately seeking answers to the myriad questions that plague your SAP endeavors? The pain of uncertainty and agitation ends here! Introducing Mastering SAP Finance: 100 Essential Questions and Answers, your ultimate guide to conquering the SAP Finance world. Why Should You Choose Mastering SAP Finance? 🔥 Pain Relief 🔥 Are you constantly grappling with SAP Finance issues, feeling overwhelmed by the endless problems it presents? This ebook is your ticket to immediate pain relief. We understand the frustration you face, and that's why we've carefully curated the 100 most pressing questions you're likely to encounter in your SAP Finance journey. Say goodbye to sleepless nights and endless frustration. 🌪️ Agitation Alleviation 🌪️ SAP Finance can be a relentless source of agitation. The constant uncertainty and the fear of making costly mistakes can be paralyzing. With Mastering SAP Finance, you'll have a trusted companion by your side. Each question is paired with a clear, concise answer, designed to put your worries to rest. Say farewell to confusion and anxiety. 💡 Solutions at Your Fingertips 💡 This ebook isn't just about identifying problems – it's about solving them. Our team of SAP Finance experts has meticulously crafted practical, actionable solutions to accompany each question. You'll not only gain a deep understanding of SAP Finance but also acquire the skills and knowledge to excel in your SAP projects. Achieve your financial goals with confidence. Benefits of Owning Mastering SAP Finance ✅ Gain a comprehensive understanding of SAP Finance. ✅ Boost your confidence in SAP Finance projects. ✅ Save time by having answers at your fingertips. ✅ Reduce costly mistakes and setbacks. ✅ Unlock your potential for career growth. ✅ Enjoy peace of mind in your SAP Finance endeavors. Your Path to SAP Excellence Starts Here! Don't let the pain and agitation of SAP Finance hold you back any longer. Take control of your SAP journey with Mastering SAP Finance: 100 Essential Questions and Answers. Your success is just a click away. 🚀 Take Action Now! 🚀 Click the Buy Now button and embark on a transformational journey to SAP Finance mastery. Your future self will thank you for the investment in knowledge and confidence. |
| financial close and consolidation: The CIO's Guide to Oracle Products and Solutions Jessica Keyes, 2014-09-02 From operating systems to the cloud, Oracle's products and services are everywhere, and it has the market share to prove it. Given the share diversity of the Oracle product line, and the level of complexity of integration, management can be quite a daunting task.The CIO's Guide to Oracle Products and Solutions is the go-to guide for all things Orac |
| financial close and consolidation: CONFIGURING GROUP REPORTING WITH S/4 HANA 1909 SURYA PADHI,ca,cpa, 2020-06-21 With S/4 HANA Finance 1809, SAP has introduced group reporting, a SAP’s consolidation solution. Group reporting’s innovations expose the new consolidation solution, which is a hybrid of SAP’s EC-CS, BCS and BPC functionalities. You’ve heard about Universal Journal, single source of truth, real-time processes, and UI improvements, in group reporting, you can leverage all these functionalities without additional acquisition of the software cost. SAP group reporting facilitates continuous accounting and consolidation process in a single instance, thus reduces the financial closing manhours. With the tight integration of ACDOCA table and flexible upload functionalities help smooth transition of consolidation unit’s local data to consolidation data for financial consolidation. With the S/4 HANA 1909 release, SAP enhanced group reporting functionalities with new fire tiles. Configuring Group Reporting with S/4 HANA 1909 covers end to end solution with one complete consolidation of financial statements of integrated and non-integrated units.Highlights of Configuring Group Reporting with S/4 HANA 1909: - Consolidation chart of account -Integration of consolidation units and consolidation group -Local and global accounting -Currency translation -Interunit / intercompany eliminations -Reclassification -Elimination and adjustment of intercompany investment -Calculation of goodwill -Calculation of minority interest -Cash flow statement -Statement of equity -Statement of comprehensive income, -consolidation of balance sheet and income statement -SAP Fiori Apps |
| financial close and consolidation: Cash Management with SAP S/4HANA Dirk Neumann, Lawrence Liang, 2020-11 Managing your cash is critical--so master cash management in SAP S/4HANA! Follow step-by-step instructions to run bank account management, cash positioning and operations, and liquidity management, and then tailor each process to your system. Walk through the One Exposure from Operations data model, including integration scenarios, transactions, and configuration. Discover extensibility options for bank account management and key SAP Fiori apps. Get equipped for cash management! In this book, you'll learn about: a. Bank Account Management Manage your accounts in SAP S/4HANA. Maintain your banks, house banks, and bank account master data with key SAP Fiori apps. Use new features such as the Monitor Bank Fees App and the treasury executive dashboard. Configure settings to suit your requirements. b. Cash Positioning and Operations Analyze your cash position, transfer and concentrate cash, and integrate bank statements for cash flow reconciliation. Get insight into new features and SAP Fiori apps for bank statements, reporting, configuration, and more. c. Liquidity Management Forecast liquidity and analyze actual cash flow with SAP S/4HANA; then develop liquidity plans with SAP Analytics Cloud. Tailor your settings for each process based on your needs. Highlights include: 1) Master data 2) Configuration 3) Bank account management 4) Cash positioning 5) Cash operations 6) Liquidity management 7) One Exposure from Operations hub 8) Extensibility 9) Migration |
| financial close and consolidation: SAP/ABAP HANA Programming Sudipta Malakar, 2019-09-18 Enrich your skill set with Open SQL and CD5 views DESCRIPTION The book has been written in such a way that the concepts are explained in detail, giving adequate emphasis on examples. To provide clarity on the programming examples, logic is properly explained and discussed by using comments in program itself. The topics covered in this bookÊ include starting the software using snapshots of the same and writing programs. Simple to complex SAP/ ABAP HANA examples are provided in detail, considering the requirement of IT consultants the basic idea of developing projects in it. The examples provided in this book are user-focused and are provided through sections, figures and examples. KEY FEATURES Comprehensive coverage of SAP / ABAP HANA with emphasis on real-time case studies. Practical examples along with Screen personas, SAP Fiori cloud, OPEN SQL, Native SQL & ADBC, CDS support in SAP NW ABAP 7.4 SP5, SAP HANA Studio, performance enabler Rules & guidelines.Ê Simple language, crystal clear approach, straight forward comprehensible presentation. Concepts are duly supported with examples. Topic coverage with the aim to fill the skill gap among industry and academia. SAP Business Suite powered by SAP HANA are helpful for developing projects for IT consultants WHAT WILL YOU LEARN Gaining Customers by adopting and implementing SAP HANA in organisations / projects / programs Facilitating to maintain Customer Relationships as the core of all successful working relationships are two essential characteristics: trust and commitment. To demonstrate their trustworthiness and commitment to customers, progressive suppliers periodically provide evidence to customers of their accomplishments.Ê Help in delivering ÒSuperior Value and Getting an Equitable ReturnÓ as understanding value in business markets and doing business based on value delivered gives suppliers the means to get an equitable return for their efforts. This document is a compilation of SAP ABAP/4 coding and efficiency standards and will provide guidance in creating readable, maintainable code. It is intended for all developers in the SAP R/3 system.Ê This document is based primarily on ABAP/4. WHO THIS BOOK IS FOR Person from IT domain having software background, preferably with SAP technical or techno functional or functional or domain knowledge. Table of Contents 1. Ê Introduction 2. Ê General Programming Standards 3. Ê ABAP Internal Names 4. Ê ABAP/4 Dictionary 5. Ê Security Authorisations considerations 6. Ê ABAP/4 Coding Techniques |
| financial close and consolidation: Consolidated Financial Reporting Paul Taylor, 1996-05-25 This book introduces and examines what is currently the most central and controversial area in financial reporting. It is designed so that readers with particular interests can easily find their way through clearly marked sections. |
| financial close and consolidation: IFRS 5 Non-current Assets Held for Sale and Discontinued Operations International Accounting Standards Board, 2004 |
| financial close and consolidation: Consolidation Reference Regulations United States. Small Business Administration, 1960 |
Comprehensive Guide to Financial Consolidation:
In this white paper, you will find a comprehensive exploration of the challenges that often plague financial consolidation processes, from data quality issues to the intricacies of intercompany …
Financial Consolidation and Close - anaplan.com
Ventana Research Buyers Guide 2024: Financial Consolidation and Close equity. This process is essential for ensuring the accuracy and completeness of financial reporting, and it is often a …
CLOSE AND CONSOLIDATION SOLUTION - deloitte.com
financial close and consolidations. Deloitte’s industry -leading solutions, powered by the cloud -based capabilities of Anaplan, can enable you to seamlessly navigate an ever -changing …
Oracle Financial Consolidation and Close Cloud
Financial Consolidation and Close is a purpose-built business process available in the Oracle Fusion Cloud EPM for both effectively and efficiently managing the consolidation and close, …
Ten Steps to a More Efficient Close - Workday, Inc.
The close and consolidation process is one of finance’s most important functions. How you manage the close and the technology you select to support it have a direct influence on …
Close, Consolidate, Report Performance Blueprint - IBM
Financial consolidation is fundamental to managing corporate performance. It enables an enterprise view of financial information that provides insight into performance as a whole and …
Financial Consolidation application - anaplan.com
Adopt Anaplan Financial Consolidation application for a cutting-edge approach. User-friendly: Offer an Excel-like experience with a contemporary, intuitive interface featuring drag-and-drop …
Financial Close and Consolidation - mhrglobal.com
Shave days off close: With finance controlled rules applied across all ledgers and books and a guided consolidation process, bottlenecks and redundancies that plague closing are …
Financial Consolidation and Reporting Applications - Oracle
Financial consolidation and reporting applications automate the extended financial close across multiple hierarchies and include support for all of the special calculations required by US …
January 2021 Streamlining the Financial Close, …
Purpose-built financial close, consolidation and reporting applications found in today’s corporate performance management (CPM) software solutions are becoming the preferred approach for …
SAP BPC will soon obsolete, putting your financial close at risk.
integration of your close, consolidation, and reporting (CC&R) processes to ensure timely, secure, and reliable financial data and insights for your internal and external stakeholders. Close …
White Paper Streamlining the Financial Close, Consolidation …
This white paper highlights the financial close and reporting challenges, the trade-offs between various software tools and the results organizations gain by using modern, cloud-based …
Innovation Guide: Accelerating an Automated, Connected …
Oracle ofers comprehensive end-to-end close capabilities that address every aspect of the financial close: financial consolidation, close process management, account reconciliation, tax …
5 paybacks of automated Financial Close and Consolidation
In contrast, an automated close and consolidation solution creates a solid foundation for all other financial management processes and is a critical component in evolving finance into a data …
Financial Close Consolidation And Reporting Oracle
Oracle offers several sophisticated solutions specifically designed to optimize the financial close process. Two prominent players are: Oracle Hyperion Financial Management (HFM): A robust, …
Modern Financial Consolidation and Close Management
Oracle Financial Consolidation and Close Cloud effectively and efficiently manage financial consolidation, close and reporting processes process for Organizations of any scale.
Working with Financial Consolidation and Close - Oracle
Financial Consolidation and Close Overview. Overview of the Home Page2-1. Settings and Actions Menu2-5. Searching for Forms, Dashboards, and Infolets2-7. Navigating Across Cloud …
Unlocking Financial Close Efficiency with Oracle
Here are five key reasons why companies prefer Oracle as their financial close solution. 1. Comprehensive automation and flexibility. Oracle Cloud EPM provides a unified platform that …
Financial Close Consolidation And Reporting Oracle
Oracle offers several sophisticated solutions specifically designed to optimize the financial close process. Two prominent players are: Oracle Hyperion Financial Management (HFM): A robust, …
Financial Consolidation and Close Quick Start Checklists
Here’s a checklist to help you learn about Financial Consolidation and Close with links to training, reference materials and community resources. Visit the Financial Consolidation and Close …
Comprehensive Guide to Financial Consolidation:
In this white paper, you will find a comprehensive exploration of the challenges that often plague financial consolidation processes, from data quality issues to the intricacies of intercompany …
Financial Consolidation and Close - anaplan.com
Ventana Research Buyers Guide 2024: Financial Consolidation and Close equity. This process is essential for ensuring the accuracy and completeness of financial reporting, and it is often a …
CLOSE AND CONSOLIDATION SOLUTION - deloitte.com
financial close and consolidations. Deloitte’s industry -leading solutions, powered by the cloud -based capabilities of Anaplan, can enable you to seamlessly navigate an ever -changing …
Oracle Financial Consolidation and Close Cloud
Financial Consolidation and Close is a purpose-built business process available in the Oracle Fusion Cloud EPM for both effectively and efficiently managing the consolidation and close, …
Ten Steps to a More Efficient Close - Workday, Inc.
The close and consolidation process is one of finance’s most important functions. How you manage the close and the technology you select to support it have a direct influence on …
Close, Consolidate, Report Performance Blueprint - IBM
Financial consolidation is fundamental to managing corporate performance. It enables an enterprise view of financial information that provides insight into performance as a whole and …
Financial Consolidation application - anaplan.com
Adopt Anaplan Financial Consolidation application for a cutting-edge approach. User-friendly: Offer an Excel-like experience with a contemporary, intuitive interface featuring drag-and-drop …
Financial Close and Consolidation - mhrglobal.com
Shave days off close: With finance controlled rules applied across all ledgers and books and a guided consolidation process, bottlenecks and redundancies that plague closing are …
Financial Consolidation and Reporting Applications - Oracle
Financial consolidation and reporting applications automate the extended financial close across multiple hierarchies and include support for all of the special calculations required by US …
January 2021 Streamlining the Financial Close, …
Purpose-built financial close, consolidation and reporting applications found in today’s corporate performance management (CPM) software solutions are becoming the preferred approach for …
SAP BPC will soon obsolete, putting your financial close at risk.
integration of your close, consolidation, and reporting (CC&R) processes to ensure timely, secure, and reliable financial data and insights for your internal and external stakeholders. Close …
White Paper Streamlining the Financial Close, Consolidation …
This white paper highlights the financial close and reporting challenges, the trade-offs between various software tools and the results organizations gain by using modern, cloud-based …
Innovation Guide: Accelerating an Automated, Connected …
Oracle ofers comprehensive end-to-end close capabilities that address every aspect of the financial close: financial consolidation, close process management, account reconciliation, tax …
5 paybacks of automated Financial Close and Consolidation
In contrast, an automated close and consolidation solution creates a solid foundation for all other financial management processes and is a critical component in evolving finance into a data …
Financial Close Consolidation And Reporting Oracle
Oracle offers several sophisticated solutions specifically designed to optimize the financial close process. Two prominent players are: Oracle Hyperion Financial Management (HFM): A robust, …
Modern Financial Consolidation and Close Management
Oracle Financial Consolidation and Close Cloud effectively and efficiently manage financial consolidation, close and reporting processes process for Organizations of any scale.
Working with Financial Consolidation and Close - Oracle
Financial Consolidation and Close Overview. Overview of the Home Page2-1. Settings and Actions Menu2-5. Searching for Forms, Dashboards, and Infolets2-7. Navigating Across Cloud …
Unlocking Financial Close Efficiency with Oracle
Here are five key reasons why companies prefer Oracle as their financial close solution. 1. Comprehensive automation and flexibility. Oracle Cloud EPM provides a unified platform that …
Financial Close Consolidation And Reporting Oracle
Oracle offers several sophisticated solutions specifically designed to optimize the financial close process. Two prominent players are: Oracle Hyperion Financial Management (HFM): A robust, …
Financial Consolidation and Close Quick Start Checklists
Here’s a checklist to help you learn about Financial Consolidation and Close with links to training, reference materials and community resources. Visit the Financial Consolidation and Close …
