CFOs are under pressure to create opportunity from complexity. No longer do finance functions and their leaders just report the numbers, they are now required to play a much bigger role in strategic and operational decision-making in organizations. In addition, stakeholders, such as audit committees, investors and regulators, are demanding greater accuracy, consistency and transparency from reporting.
By applying innovative technology and leveraging analytics, the finance function can gain a better understanding of the numbers and so improve reporting to all stakeholders. EY Financial Accounting Advisory Services (FAAS) teams can help support finance leaders to leverage the potential of technology and analytics and to help finance teams meet the challenges of the broader business agenda.