Description

Resolving financial reporting issues in practice involves a multifaceted approach aimed at addressing challenges effectively and efficiently. This process encompasses identifying the root causes of discrepancies and recurring problems within financial reports. Accountants and financial professionals must delve into the intricate details of transactions, data processing, and reporting methodologies to pinpoint areas of concern accurately. By conducting thorough analyses and leveraging specialized expertise, practitioners can develop tailored solutions to rectify these issues and enhance the accuracy and reliability of financial reporting.  

What you will learn

By attending this webinar you will gain the following competencies: 

• Understand the background of the regulatory requirements impacting financial reporting

• To explore the importance of accurate financial reporting for stakeholders

• Gain an understanding of some common financial reporting issues that accountants in practice findchallenging and why they are challenging or recurring.

• Understand the key financial reporting areas and provide a process ofidentifying reporting issues in a systematic manner 

• Gain some techniques for proactively addressing financial reporting challengessuch as collaboration and communication between finance teams and auditors, as wellas other tools and resources