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Reducing errors and ensuring accurate financial reporting are critically important to save time, manage resources, understand the financial position, and remain compliant (especially for federal grants) and transparent. Despite the importance, research shows that more than half of accounting professionals make multiple errors every month, and nearly 1 in 5 accountants make financial errors every day.¹
Join us for a helpful discussion of tried-and-true and forward-thinking methods for reducing errors in your accounting and reporting. We will cover:
- Tips for reducing errors and saving time
- New ways to approach allocations
- Tracking fixed assets, invoices/expenses and grants in real time
- Best practices for periodic reviews of budgets and financial records
- How to shift from ad hoc reporting to a standardized reporting framework
- And more!
¹2023 Gartner Finance Study
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