What You Can Do

Make sure the CFO and CEO have a sound grasp of how financial software works, so they can give financial analysts and regulators a clear picture of how systems secure data and promote accounting accuracy.

Volunteer to attend analyst meetings so you can present detailed information about financial systems yourself.

Learn to talk the talk.

Improve your grasp of generally accepted accounting principles.

Take advantage of real-time financial technology to provide more information to investors about earnings, more quickly.

Consider deploying systems that can drill down to generate geographically detailed data.

Roll out features such as executive dashboards that trigger alerts when key indicators are out of line.

Insist that the IT department, not the finance department, manage financial applications to avoid potential conflicts of interest.

Set up a committee of financial and IT executives to meet regularly.

Emphasize a culture of fiscal responsibility in which your department views its budget as shareholders' money.

Create a white paper that describes your company's financial-reporting systems and make it available on your Web site.

Return to "Priority: Integrity"

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.

Comment |

Email This |

Print |

RSS

More Insights

Webcasts

SecDevOps: Tying Security to Your Application Development Processes

Using Artificial Intelligence, Deep Learning and Machine Learning for Cyber Defense

More Webcasts

White Papers

Cloud Threat Report: Spring 2020

The Best Free Vulnerability Management Tools

More White Papers

Reports

Email Security Threat Report 2020

State of Endpoint Security: How Enterprises Are Managing Endpoint Security Threats

More Reports

Comments

Newest First | Oldest First | Threaded View

[close this box]

Be the first to post a comment regarding this story.

Reports

2020 State of DevOps Report

Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.

Download Now!

More Reports