This process group covers the bookkeeping and reporting layer of the finance function. Policy work includes service level agreements, accounting policy setting and publication, approval limits and common financial systems. General accounting covers the chart of accounts, journals, allocations, period end adjustments, intercompany postings, reconciliations, consolidations and the trial balance. Fixed asset accounting covers asset policy, master data, additions and retirements, revaluations and transfers, depreciation, ledger reconciliation and physical tracking. Reporting covers business unit and consolidated statements, management and board reporting, statutory filings and regulatory returns.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.