The Financial Close Process: Insights from Europe: A study of German companies identifies accounting challenges and assesses best practices in the financial close process

Authors :: Deshmukh, Ashutosh V.
Holzmeier, Maximilian
Source :: Strategic Finance. September, 2023, Vol. 105 Issue 3, p50, 10 p.
Publication Year :: 2023
Abstract: The financial close process is variously defined by auditing standards, consultant reports, and academics. It involves a complex set of activities that includes updating subsidiary ledgers, applying accounting policies and [...]

Subjects :: Financial disclosure
Financial management
Accounting -- Technique -- Standards
Financial statements
Company business management
Banking, finance and accounting industries
Business, general
Business

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