Remove Close Processes Remove Mitigation Remove Reporting Requirements
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Master SOX Compliance: A Comprehensive Guide for 2023

FloQast

A risk assessment typically involves: Identifying risks Assessing the likelihood and impact of the risks Prioritizing the risks Developing risk mitigation strategies 3. Control Activities Control activities are designed to prevent or detect errors and fraud in financial reporting.

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What is the Month-End Close Process?

FloQast

Maintaining a high standard of reporting requires accounting teams to optimize their close process, eliminating inefficiencies and delays wherever possible, adapting to changes in the regulatory landscape, and seizing opportunities created by advances in accounting technology. Automate wherever possible.