Intranets - the future of financial reporting?
Some companies are considering whether to have their subsidiaries use intranet technology to send financial reporting information to head offices – and they may even include sound and video clips.
Coopers’ David Jones told the conference that such hi-tech reporting may be common within the next five to ten years. ‘The commentary is often more important than the numbers,’ he told Accountancy Age. He said that a video clip of the local subsidiary finance director talking about his performance could ‘help add value to the numbers’. Such video clips might also include images of a factory fire or a new product launch, Jones said.
Coopers & Lybrand is interested in hearing from multi-national companies which would like to take part in the firm’s on-going finance department benchmarking survey. More than 20 top-100 companies have already taken part in the UK Survey of Financial Control Processes.
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...View resource
In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...View resource
In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...View resource
The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...View resource
As of January 2021, personal and guarantor lenders in the UK can now use open banking as a better way to underwrite and analyse their customers who ap...View article
Phil Thornton is lead technology product manager for digital at Wolters Kluwer Tax & Accounting UK Read More...View article
Signs that the UK’s audit industry would reform had slowed in the New Year, but with Brexit almost over the line and an impending cabinet reshuffle, w...View article
Survey aims to build detailed picture of service outsourcing in today's accountancy landscape. Read More...View article
Dominic Buch, co-founder and managing partner, of Caple, an alternative credit specialist that provides access to unsecured long-term lending, explain...View article
Foresight Group LLP has shared some insights looking into predictions made by financial advisers Read More...View article
SMEs suffering from late payments often find themselves facing gargantuan tax bills, forcing them to dip into their cash reserves. Here are 5 tips for...View article
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit Read More...View article