BUILDING A STRONG FOUNDATION FOR YOUR FINANCIAL CLOSE
IT STARTS WITH RECONCILIATIONS
Just like constructing a building, when you look to establish an effective financial close process, you must start with a solid foundation. For homes or skyscrapers, it starts with concrete – for your close it starts with account reconciliations.
This tip sheet shares four steps for creating a risk-based reconciliation policy which will begin transforming your close. By taking a risk-based approach to your reconciliations, you can ensure that all remaining close processes are utilizing accurate, low-risk data which results in final numbers you are completely confident in.
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