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Financial restatements - now that Hertz!

We recently saw that Hertz corp expanded their restatement beyond 2011 to include 2012 and 2013 as well. This announcement sent the stock price down over 9% in a day, down 22% since the first restatement announcement in June. CFOs and CEOs cannot be wrong when it comes to reporting their financials: many company’s financial processes are still prone to errors and inaccuracies.

No cookie-cutter approach to Planning & Forecasting

Tying together financial and operational plans is a directive for many organizations. The reality is most companies are not ready yet.