Public companies have significantly changed their financial processes in the past year and are not done yet, according to data released last month by Deloitte.
Over 1,000 public company C-suite and other executives were polled in April about financial process revisions/remediations during a Webcast by Deloitte’s Center for Controllership. More than half (59.1 percent) said their organizations had significantly revised or remediated financial processes during the past 12 months, and 51.6 percent expect to continue remediations in the next 12 months.
