Driving strategic decision making
Consolidated financial statements are an integral part of corporate management. After all, auditors and stakeholders are not the only ones who want to know how a company is doing; annual financial statements also serve as an internal source of information, for example, when it comes to the true and fair view of the group’s assets, financial position and results of operations.
As reporting and closing cycles get shorter and shorter and the demand for real-time information and reliable analyses continues to grow, companies constantly have to ensure that their financial data have been prepared in a sound and transparent manner. Those that still rely on conventional systems for these purposes have a lot of catching up to do.
In this e-book, read more about how a professional software solution can help you prepare consolidated financial statements.