Posts Categorized: Compliance and Controls

Explore the latest industry leading trends, topics, and best practices from the experts at Trintech

Resources

July 18, 2019
Posted by:

Three Benefits of Streamlining the Financial Close in Aged Care

Australia has a global reputation as a nation of surfers and Outback explorers, and all that healthy outdoor living has led to the sixth highest life expectancy in the world[1]. With that increased life expectancy comes a sizeable aged population needing specialized care. Though subsidised by the government, the Australian aged home care sector’s finance...

Read More
July 16, 2019
Posted by:

How to Measure the Impact of Your Control Environment Using a Framework for Compliance

There are no compromises in producing reliable financial statements, and balance sheet reconciliations is one of the most important internal controls over financial reporting that can’t be under-appreciated. Read this blog to find out how a System of Controls can ensure the integrity of your financial close.

Read More
June 25, 2019
Posted by:

The Changing Role of Finance and Accounting

As a corporate finance leader, you regularly strive to deliver useful, timely data to support decision makers inside and outside your organizations. To that end, the close process must be robust and controlled to provide a reliable snapshot of company performance. Yet how much do you really know about your month-end close process? About the details and due dates and deliverables? How much can you really see?

Read More
June 13, 2019
Posted by:

The Power of the Checklist: Gaining Control of the Financial Close

Ten years ago, the world was captivated by the scenes on TV of a plane in the Hudson River as passengers stood on the wings waiting to be rescued. Despite the loss of both engines shortly after takeoff, all the passengers and crew were saved because of the quick actions of Captain Chesley “Sully” Sullenberger...

Read More
June 4, 2019
Posted by:

Content We Love — Higher Revenue and Profits Linked to Digital Maturity

Technological advancements become mainstays of society when they begin to show positive returns. In this vein, digital maturity, often through automation, has been shown to boost company revenue and profits. Recently released research by Financial Executives International (FEI) provides an interesting perspective on how the bottom line can be boosted through digital innovation. Benchmark from...

Read More
May 14, 2019
Posted by:

How an Automated R2R Process Can Boost a CFO’s KPIs

The R2R process is bursting with data just waiting to be analyzed. Utilizing an automated solution allows the CFO to take a deep dive into their KPIs.

Read More
May 1, 2019
Posted by:

The Invaluable Benefits of Transparency in the Financial Close

As a corporate finance leader, you regularly strive to deliver useful, timely data to support decision makers inside and outside your organizations. To that end, the close process must be robust and controlled to provide a reliable snapshot of company performance. Yet how much do you really know about your month-end close process? About the details and due dates and deliverables? How much can you really see?

Read More
April 1, 2019
Posted by:

Content We Love — The Importance of Financial Controls

When companies are focused on growth and brand expansion, it is all too easy to lose track of risk assessment protocols and financial controls. In the case of one UK-based business, their leadership struggled to maintain visibility into their finance & accounting (F&A) team’s work. Detailed in an AccountancyAge article, the organization’s struggles may lead...

Read More
March 6, 2019
Posted by:

How to Improve Banking Risk Management Post-Royal Commission

The implications of the Royal Commission’s final report are still echoing across multiple industries. In the meantime, the focus of the report, the financial sector, needs to buckle down and prepare to change. Outlined in more than 500 pages, Commissioner Hayne brought the industry to task for issues of financial reporting, visibility and overall best...

Read More
November 16, 2018
Posted by:

5 Areas CFOs Need to Have More Control of in the Month End Close Process

Every CFO would like to believe that they consistently maintain tight control over the accounting team and their accounts and reconciliation processes. But in reality, this control can be extremely limited. In our recent market survey, we discovered that most CFOs admittedly continue to struggle to gain control over their monthly close process. In fact,...

Read More

Blog