Remove Measurement Remove Operational Reporting Remove Risk Management
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SOX Compliance Guide

Jet Global

During the audit, the SOX compliance auditor compares past financial statements with current-year statements, analyzing financial information and SOX internal controls to ensure compliance measures are satisfactorily met. When complete, the SOX compliance report must be made available to all relevant parties.

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It’s 2025. What Does That Mean for Finance?

Jet Global

These are valid fears, as companies that have already completed their cloud migrations reported integration challenges and user skills gaps as their largest hurdles during implementation, but with careful planning and team training, companies can expect a smooth transition from on-premises to cloud systems.

Finance 52
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Board Report Best Practices

Jet Global

Specific, measurable, achievable, relevant, and time-bound (SMART) actions should be presented. Five Key Factors to Consider When Evaluating Financial Reporting Software. These might includes measurements related to: the intellectual resources of the company. management satisfaction. management satisfaction.

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What is Supply Chain Management?

Jet Global

Supply chain managers should strive to reduce costs throughout the chain by eliminating unnecessary expenses and focus instead on creating efficiency and added value for the end user. Performance is measured in terms of overall system efficiency and the fair distribution of financial rewards to supply chain participants.

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What is Cash Flow Forecasting?

Jet Global

This allows them to take proactive measures to address potential shortfalls, such as negotiating payment terms with raw materials suppliers, securing additional financing, or implementing cost-saving measures to ensure they always have enough cash on hand.

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Top 5 Trends Impacting Finance Teams in 2024

Jet Global

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.

Finance 52
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What is Account Reconciliation?

Jet Global

Risk management – Regular reconciliations provide visibility into financial transactions and activities, enabling businesses to monitor for potential risks, such as errors in recording, unauthorized transactions, or inadequate segregation of duties, and implement corrective measures to mitigate these risks.