Part of the record to report excellence series, this session focuses on critical post-close activities, including internal and external reporting.
Record to report excellence series: Navigating challenges and achieving success with effective governance
The Record to Report (R2R) process is essential for accurate financial reporting and decision-making. In today’s environment of heightened financial reporting scrutiny, the R2R process presents challenges surrounding data accuracy, process efficiency and compliance. Our event series addresses these issues, equipping you with the tools and knowledge to transform your R2R process and achieve better outcomes.
Session 3: From close to insight: Enabling value-driven financial reporting beyond compliance
The third session of this series focuses on critical post-close activities, including internal (management reporting) and external reporting (statutory reporting). It will explore how organizations can move beyond compliance-driven reporting to generate insights that support business decision-making. We will address common challenges across the data, technology and process pillars and share practical approaches to enhance reporting efficiency, accuracy and value.
This follows our first two sessions, which discussed pre-close activities, specifically on the complexities of balance sheet account reconciliation, including intercompany reconciliation and critical areas on journals and open item clearing, thereby highlighting the pre- and at-close processes and challenges organizations face.
Event highlights:
- Practical challenges in internal and external reporting: Explore the challenges across the data, technology and process pillars in reporting and the desired end state for successful reporting.
- Leading practices for internal and external reporting: Understand the technologies and leading practices that drives control and governance, data accuracy and integrity, enabling a shift towards more insight-driven reporting.
- Case studies of organizations that have successfully transformed their financial reporting processes and the benefits achieved.
Speakers
- Ronald Wong, EY Asean and Singapore Financial Accounting Advisory Services Leader; Partner, Assurance, Ernst & Young LLP
- Adele Liew, Partner, Financial Accounting Advisory Services, Ernst & Young LLP
Please register your interest if you wish to join this event. You will receive a confirmation email if your registration is successful.