The cost of confidence in financial reporting

Corporate executives are much more confident in their financial forecasting and reporting output than they were a year ago - but it's at a price. A new study by The Hackett Group finds that 67 percent of executives are confident in the accuracy of their financials, up from just nine percent last year.

Corporate executives are much more confident in their financial forecasting and reporting output than they were a year ago – but it’s at a price. A new study by The Hackett Group finds that 67 percent of executives are confident in the accuracy of their financials, up from just nine percent last year.

However this was the first year in many that companies were unable to reduce their overall finance costs and monthly closing cycles have been extended.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access