Key Takeaways
- Multinational businesses are faced with an ever-increasing number of challenges in the preparation of accurate and timely global statutory financial statements
- To learn what challenges and priorities are now shaping the future of global statutory reporting, SSON conducted a survey of 120 multinational companies to understand where they see their statutory reporting processes heading over the next 12-18 months
- According to the report, the most significant focus areas for change are accounting automation (two thirds of respondents), as well as increased use of data and analytics, expansion of processes, and shifting towards knowledge-based activity
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