The Current State of Multinationals Global Statutory Reporting Report

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Naomi Secor
Naomi Secor
07/21/2021

Over the last five years, due to the changes in the industry and more recently accelerated by the pandemic, it has become apparent that global businesses are faced with an ever-increasing number of challenges in the preparation of accurate and timely global statutory financial statements. Errors in numbers, inconsistency in disclosures, and time wasted on document management yield a significant risk to global businesses. This has been amplified over the past years as complexity and regulations have increased due to economies around the world adjusting to more trade and integration.

To learn what challenges and priorities are now shaping the future of global statutory reporting, SSON conducted an annual survey of 120 multinational companies to understand where they see their statutory reporting processes heading over the next 12-18 months. This is the second survey of its kind, with the first conducted at the outbreak of the COVID-19 pandemic.

This new report assesses the change that has taken place over the last year and discusses the highlights, identifies gaps or causes of inefficiency, and presents opportunities for improvement. Download your copy today!

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