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Posts tagged with financial reporting

Financial Reporting and Data Governance Your Ultimate Battle Plan

Financial Reporting and Data Governance: Your Ultimate Battle Plan

Most people working on financial reporting see the underlying systems and data flows as some kind of magic black box. They know roughly where the data comes from, but do not know all systems that are involved and whether or not the data outputs are trusted sources of data. They may know Molly from the Accounting department forwards the bank balance sheets to Sam from the Risk department via email, but they do not know where else these files are handled and processed. They may want to know why the data quality of their data fell, but do not know where to look or which line of business to involve for a quick resolution on the matter. This brings about the need for financial reporting and data governance in any such organizations tackling the above questions.

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