Financial News to make CFO night can not sleep _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

News: The latest survey shows that, The process makes 97% of the (CFO) night sleepless, in the investigation Only 3% of executives said they would not be insominated by the organization's reporting process or deadline. The survey was co-sponsored by financial reporting technology company Workiva and commercial system information provider FSN, covering 977 international CFOs and senior financial professionals in 23 industries. Fifty percent of respondents said that in the event of some changes, the report would involve a large number of manual inspections, while 60% of respondents said they spent too much time cleaning up and processing data. In the case of 55% of respondents said they were worried about their own Whether the measures will function properly during the reporting period, and thus the question of the completeness of the data used. In the surveyed financial team, 50% said they would not delete the redundant information in the report package; 41% would not delete reports that were no longer used, even if the number of reports was growing. The survey found that 54% of the surveyed financial executives said they spent too much time on the fragmentation of the system, the need to obtain data from multiple sources. Only 46% of respondents said they could easily respond to changes in information requirements, and only 34% of respondents said they could make changes without relying on IT departments. In the event of a gap in the reporting process, 69% of the respondents reported that they were using the spreadsheet to make up for the gap. 43% of respondents said they did not know how many key business spreadsheets were used. "When you use Excel, especially when you share Excel with other members of the team, deleting columns or rows can have very terrible consequences because you do not know what else is there," said Stuart Miller, chief financial officer at Workiva. Things are affected, and we find that people can only add content to Excel, while preserving the original content, even if the content is no longer relevant. In some cases, the spreadsheet may be an earlier version and may exist The Such an environment can not be very effective , So for the CFO, this is really terrible. When they 'Which spreadsheet provides these numbers? Whether we have verified all the numbers in the spreadsheet, the members of the finance team exchanged eyes with each other, and then we say 'we have verified the most recent numbers', but all the numbers in the spreadsheet? For the CFO, this is really a terrible thing, the origin of these figures is not always get inverted verification. " Proofreading: Ye Lingbo China 2017 years 11:15 release, reproduced please specify the source and author. Original link: In the case of