Financial Reporting Toolkit

Save time, empower your teams and effectively upgrade your processes with access to this practical Financial Reporting Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Financial Reporting related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Financial Reporting specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the Financial Reporting Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 990 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Financial Reporting improvements can be made.

Examples; 10 of the 990 standard requirements:


1. What are your policies and procedures to ensure auditors gain an understanding of the program/program component under review, its relevant risks, purpose, and goals, and internal controls?
   
   

2. How do you best assure that the costs of the internal control over financial reporting requirements imposed on smaller public companies are commensurate with the benefits?
   
   

3. Which approaches would your organization adopt to develop a supply chain strategy that balances competing priorities of customer satisfaction, cost, and working capital?
   
   

4. Does management have suitable monitoring processes in place to assess whether controls across the entire control framework are present and functioning as intended?
   
   

5. Should there be a different set of internal control over financial reporting requirements that applies to smaller companies than applies to larger companies?
   
   

6. How else do you meet the financial consolidation and reporting needs of a complex and changing business environment, as well as keep up with new regulations?
   
   

7. Is there a set of regulatory and financial principles used in deciding the appropriate capital structure to use for cost of capital purposes?
   
   

8. What actions have you taken that reflect your organizations commitment to bold decisions based on your professions inevitable transformation?
   
   

9. Do your organizations information systems generate information that is of sufficient quality to support the effective operation of controls?
   
   

10. Is your organization involved in determining the nature, type, characteristics, or specifications of the product or service by the customer?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the Financial Reporting book in PDF containing 990 requirements, which criteria correspond to the criteria in...


Your Financial Reporting self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the Financial Reporting Self-Assessment and Scorecard you will develop a clear picture of which Financial Reporting areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough Financial Reporting Self-Assessment

• Is secure: Ensures offline data protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Financial Reporting projects with the 62 implementation resources:


• 62 step-by-step Financial Reporting Project Management Form Templates covering over 1500 Financial Reporting project requirements and success criteria:


Examples; 10 of the check box criteria:


1. Quality Management Plan: Is the process working, and people are not executing in compliance of the process?
   
   

2. Communications Management Plan: How will the person responsible for executing the communication item be notified?
   
   

3. Duration Estimating Worksheet: Done before proceeding with this activity or what can be done concurrently?
   
   

4. Responsibility Assignment Matrix: Can the contractor substantiate work package and planning package budgets?
   
   

5. Activity Duration Estimates: Do you agree with the suggestions provided for improving Financial Reporting project communications?
   
   

6. Stakeholder Analysis Matrix: Who is directly responsible for decisions on issues important to the Financial Reporting project?
   
   

7. Probability and Impact Matrix: How solid is the Financial Reporting projection of competitive reaction?
   
   

8. Requirements Management Plan: Who has the authority to reject Financial Reporting project requirements?
   
   

9. Probability and Impact Assessment: Does the software interface with new or unproven hardware or unproven vendor products?
   
   

10. Procurement Audit: Are order quantities, deliveries and payment levels under the contract monitored by an appropriate official?


 
Step-by-step and complete Financial Reporting Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 Financial Reporting project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 Financial Reporting project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 Financial Reporting project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 Financial Reporting project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 Financial Reporting project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 Financial Reporting project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any Financial Reporting project with this in-depth Financial Reporting Toolkit.

In using the Toolkit you will be better able to:


• Diagnose Financial Reporting projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based best practice strategies aligned with overall goals

• Integrate recent advances in Financial Reporting and put process design strategies into practice according to best practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Financial Reporting investments work better.

This Financial Reporting All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.