Jet Global
JULY 21, 2022
The most prominently growing responsibility is the rise of strategic decision making at 41% (up from 29% in 2021) and internal risk management at 37% (up from 30% in 2021). To learn more about the challenges finance teams face, download the full report: Finance Teams Trends Report. Scalability of Processes.
Jet Global
APRIL 25, 2024
The majority of your SOX compliance audit will be spent reviewing internal controls for the purposes of risk management assessment. Improved Risk Management : The focus on internal controls and risk assessment in SOX helps companies identify and manage potential risks more effectively.
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Jet Global
JULY 28, 2023
The European Banking Authority (EBA) found that banks in the EMEA region were struggling to recruit finance experts with expertise in risk management, compliance, and financial reporting. This is particularly worrying given the increasing layers of global finance regulation. Request a demo today.
Jet Global
NOVEMBER 16, 2022
management satisfaction. Reflection on how these KPIs can be improved or sustained going forward can also be an element to include in the report. Compliance Risk Management. A board report may contain information related to this and detail how the company is dealing with any existing exposure to legal penalties.
Jet Global
NOVEMBER 29, 2023
To be considered, product capabilities must include close management, financial consolidation, financial statement reconciliation and journal entry processing. Optional capabilities include financial reporting risk management and disclosure management.
Jet Global
FEBRUARY 15, 2024
2024 is an important year for ESG initiatives as there has been an increase in mandatory ESG disclosures like the Corporate Sustainability Reporting Directive in Europe and the SEC’s proposed rule to disclose emissions and risk management practices for US-based organizations.
Jet Global
JULY 31, 2022
Other related tasks that saw big jumps in prioritization for finance were “management of company’s investments,” “internal risk management,” and “short-term business strategy,” all of which carry strong strategic importance. Disclosure management (up 13 percent from 67 percent in 2021 to 80 percent in 2022). Download Now.
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