Webinar
Closed Books, Open Risk
This 35-minute session focuses on why reconciliation has become a governance and audit exposure issue, and what leading organizations are doing about it.
About
Finance leaders are under a new kind of scrutiny. Regulators now want to understand the processes that produce clean financial statements. With 72% of material weaknesses sitting in the financial close layer, and two in three SEC enforcement actions now naming individuals directly, reconciliation has quietly become one of the highest-stakes processes in the finance function.
Yet 84% of organizations still run it manually, at a time when 83% of employers say they can’t find skilled finance staff to do it.
Join Adem Turgut, Managing Director, Reconciliation, for Closed Books, Open Risk. This 35-minute session focuses on why reconciliation has become a governance and audit exposure issue, and what leading organizations are doing about it.
Session format
- 25-minute presentation
- 5-minute live product demo
- 5-minute Q&A
Topics include:
Key Takeaways
The governance gap
Understand the structural difference between closing the books and being able to prove how you closed them.
Why the scrutiny is personal
From the Macy’s $151 million concealment to MAS prohibition orders against individual executives, explore the enforcement landscape that is making reconciliation a personal liability issue for CFOs, controllers and senior accountants.
The continuous Reconciliation model
Walk through what a governance-grade reconciliation process looks like in practice: continuous rather than month-end and audit-ready by default.
Real-world results
See how BlackBull Markets achieved an 80% efficiency gain reconciling across 20+ payment service providers, and how 7-Eleven Philippines reduced reconciliation from days to minutes.
A practical starting point
Leave with a clear next step grounded in where your current process is most exposed.