Unveiling the Impact of Finance on Financial Reporting
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WHAT IS IT ABOUT?
More than ever, regulatory changes are forcing corporate stakeholders to face complex and changing financial reporting regulations. Our questionnaire is designed to equip board members with the necessary tools to navigate their financial reporting obligations while enabling the analysis needed to stay ahead of the curve.
- The CFO of a publicly traded company seeking to understand the impact of financial reporting regulations on internal operations.
- The CEO of a multi-national corporation wanting to optimize financial reporting procedures.
- The Accounting department that needs to convince external auditors about the accuracy of newly implemented finance processes.
- The Compliance Manager who is interested in helping his team with detailed financial analysis.
- The Risk Manager of a start-up venture striving for better financial statements.
Financial Reporting
Understanding the environment
Statement Analysis
Examining core information
Tools Techniques
Applying practical applications
Understanding the environment
Statement Analysis
Examining core information
Tools Techniques
Applying practical applications
As you can see, you're not asking your respondents for opinions, satisfaction or agreement. Our scientific research has shown that these are very bad fuel for algorithms. Instead, we ask for verifiable facts or -behaviour. For further reading, you can download our AMAIZE magazine dedicated to this topic or discover the scientific papers in the Resources section.
After you have downloaded this questionnaire, you can - in your Toolbox - edit, add/delete, and translate questions & answers to your liking. Clicking the "Help me PRAIORITIZE" buttons in the Toolbox activates our A.I. to help you finish your masterpiece..
Q. How do you identify financial regulations?
Q. How do you use data insights to make decisions?
After you have downloaded this questionnaire, you can - in your Toolbox - edit, add/delete, and translate questions & answers to your liking. Clicking the "Help me PRAIORITIZE" buttons in the Toolbox activates our A.I. to help you finish your masterpiece..
Q. How do you identify financial regulations?
- We don't have a plan in place
- We have a basic understanding of regulations and evaluate as needed
- We have a fully formalized process that we evaluate regularly
Q. How do you use data insights to make decisions?
- We don't use data insights,
- We have a basic understanding of data insights and try to use them when possible,
- We have a fully formalized process of analyzing data insights that we use regularly.
The artificial intelligence creating the questionnaires for the store has been inspired by over 11.000 whitepapers from more than 100 noted consultancy firms. Algorithms selected the 20% best papers and grouped papers from different consultancy firms into specific questionnaires. Why settle for less? Here is a summary how we did it.
If you feel you need outside support after conducting your assessment, we recommend the firms that have written the below mentioned whitepapers. Not having a paper selected does NOT mean that a firm does not give good advice.
If you feel you need outside support after conducting your assessment, we recommend the firms that have written the below mentioned whitepapers. Not having a paper selected does NOT mean that a firm does not give good advice.
| NAME | TITLE PAPER |
|---|---|
| fticonsulting | covid-19-excessive-pricing-price-gouging-south-african-experience.pdf |
| ssandco | SSA_Embracing-Flexibility-to-Navigate-Crisis-1.pdf |
| fticonsulting | covid-19-impact-global-pharmaceutical-medical-product-supply-chain.pdf |
| novantas | NR-Transformation-Dilemma-2016_11_30.pdf |
| sdggroup | Teneo-Insights-Corporate-Governance-Update-December-2018.pdf |
| oxera | Age-based-pricing-in-insurance_1.pdf |
| gartner | gartner-customer-success-story_marketing_psecu.pdf |
| infosys | better-analytics-automation-ossas.pdf |
You will download so much more than a set of questions and answers. This questionnaire contains everything for the full consultancy experience:
- Respondent profiles for a helicopter view of your audience.
- A maturity model with which algorithms calculate a six times smarter improvement target (compared to when you leave that to a human).
- Improvement suggestions (per question) how to move from one answer to another
- Suggested follow-on projects. After all, moving your organization from A to B might require more than just doing an assessment.
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