Posts made in February, 2015

Consolidating the Financial Statements? Another Vacation Cancelled!

Posted by on Feb 18, 2015 in Uncategorized | Comments Off

I have consistently observed that my friends from Finance are working during the times that most others are on vacation. This is especially true during quarter and year ends. Financial Consolidation can get quite complex, and the process of consolidation could be quite manual, even in many large organizations. The CFO’s goal is undoubtedly to push for faster and accurate close cycles. Many of the issues I am listing below are common to most organizations I have had the opportunity to observe and interact with: The organization has grown through mergers and acquisitions, and the...

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