Regulation and compliance
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The finance function faces increased external reporting pressures as well as the internal business needs. It is essential that every public business fully comprehends their degree of regulatory exposure. FSG Group has worked with clients across Europe to audit their compliance procedures. Since we understand the language of finance and systems our audits satisfy auditors too.
The adoption of International Financial Reporting Standards ("IFRS") is intended to radically improve the transparency of financial reports. A new word has rapidly established itself in the finance vocabulary - Sarbox. The Sarbanes-Oxley Act has major implications for any company with operations in the United States. It follows on the heels of Basel ll and IAS 2005.
Are you confident you can meet the time targets set for compliance? |
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Common symptoms :
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- are we compliant with the relevant standards / regulations ?
- how do I deal simultaneously with different regulatory standards?
- I need to be able to audit individual transactions immediately.
- My analysts require absolute transparency of financial transactions.
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