All financial reporting is based on certain policies, whether it is IFRS, Dutch GAAP or an internal management reporting standard. These policies are applied to transactions and positions on general ledger accounts, cost centers, reporting lines and movement schedules.
The Fidugiusnet® module Financial Reporting Manual has been developed by auditors and financial reporting specialists and has all the features to achieve your company's objective:
And of course, governance surrounding the updates within the Financial Reporting Manual is ensured!If required other subjects can be added to the Fidugiusnet® financial reporting module to support your organisation, like workflows (capital expenditure requests) or sharing information with a (pre-defined) user group (management information, templates or operating company narratives). Another option is to include position papers, that describe the accounting treatment applied by the company on specific items such as business combinations or the introduction of a customer loyalty program. These can be are archived for reference and audit.
The accounting policies:
Download the summary sheet:
FRM summary sheet.pdf