Financial Reporting and Compliance

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  • Adaptive Planning (AP)

    Adaptive Planning is a cloud-based corporate performance management software (CPM) vendor headquartered in Mountain View, California.  Definition

  • performance and accountability reporting (PAR)

    Performance and accountability reporting (PAR) is the process of compiling and documenting factors that quantify an institution's profitability, efficiency and adherence to budget, comparing actual results against original targets.  Definition

  • Basel III

    Basel III is a set of standards and practices created to ensure that international banks maintain adequate capital to sustain themselves during periods of economic strain.  Definition

  • X9 (ASC X9)

    ASC X9, Inc. (X9) is the American National Standards Institute (ANSI) organization responsible for the development of all financial services standards in the United States.  Definition

  • SWIFT FIN message

    SWIFT FIN is a message type (MT) that transmits financial information from one financial institution to another.  Definition

  • statutory reporting

    Statutory reporting is the mandatory submission of financial and non-financial information to a government agency.  Definition

  • ISO 20022

    ISO 20022 is an ISO standard for developing financial services messages.  Definition

  • ISAE 3402

    ISAE (International Standards for Assurance Engagements) 3402 is a global assurance standard for reporting on controls at service organizations.  Definition

  • GASB

    GASB (Governmental Accounting Standards Board) is private not-for-profit organization that seeks to establish and improve the standards of accounting and financial reporting for U.S. state and local governments.  Definition

  • EDGAR

    EDGAR (Electronic Data Gathering, Analysis, and Retrieval) is an online public database from the U.S. Securities and Exchange Commission (SEC).  Definition

  • See more Definitions on Financial Reporting and Compliance
About Financial Reporting and Compliance

Implementing financial reporting software requires careful attention to regulatory compliance and reporting standards. In this section, learn how companies can use financial reporting software to create more accurate financial reports and statements. Find out how financial reporting software enables more efficient profit and loss analysis and read more about how systems handle GAAP financial reporting and international financial reporting standards (IRFS) reporting. Get tips for selecting the right financial reporting system for your organization.

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