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From Talk to Action: Perfecting the Basics of Finance is No Longer Optional - A report prepared in collaboration with Alvarez & Marsal Business Consulting, LLC
Sponsored By CFO Research Services
- Topics:
- Budgeting & Planning > Business Performance Management
- Compliance & Governance > Sarbanes-Oxley
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- Abstract:
- Increasingly, forward-thinking CFOs today regard financial process improvement as ongoing, not a one-off project. The reasoning? Financial process improvement can be intertwined with compliance management, which, by definition, is an ongoing process. The costs of compliance, including support for new controls, require CFOs to find more ways to improve, streamline, and reduce the cost structure of the finance function. At the same time, CFOs must make compliance more routine for business unit leaders?and that means standardization of many finance-related activities.
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