AGI.do

Processes

What will AGI do for Perform financial reporting?

AI-deliverabilitydigital

The lens prior categorizes this within general accounting and reporting. The process description confirms the work involves generating balance sheets, income statements, and cash flow statements, which is purely information-transformation knowledge work performed on computers, pointing to a high digital classification.

The conclusion of a fiscal period or a formal stakeholder request initiates the financial reporting cycle.

Trigger
The conclusion of a fiscal period or a formal stakeholder request initiates the financial reporting cycle.
Outcome
Finalized financial statements and supplementary disclosures are approved, published, and distributed to relevant stakeholders.

The work itself

Grounded Work Profile

Measured by

  • Reporting Cycle TimeprocessProfile
  • Financial Report Accuracy RateprocessProfile
  • Audit Adjustment RateprocessProfile

Key steps

  • Consolidate trial balance and general ledger dataprocessProfile
  • Record period-end adjustments and journal entriesprocessProfile
  • Draft core statements and accompanying footnotesprocessProfile
  • Review reports for accuracy and regulatory complianceprocessProfile
  • Obtain executive management approvalsprocessProfile
  • Publish and distribute finalized reports to stakeholdersprocessProfile

How AGI delivers it

Four ways AGI delivers for Perform financial reporting

  • Services-as-Software

    Get the professional outcome delivered as software, priced on results, not headcount.

    Services.do

  • Autonomous Agents as digital employees

    Hire a digital employee that does the job under earned, supervised autonomy.

    Agents.do

  • Business-as-Code

    Encode how your work runs, once, as software that executes itself.

    Platform.do

Value flow

How Perform financial reporting connects

automated by

measured by

  • Cycle time in calendar days from producing monthly flash reports to completing the monthly consolidated financial statementsstandard
  • Cycle time in days between completion of annual consolidated financial statements and the release of earningsstandard
  • Cycle time in days between completion of quarterly consolidated financial statements and the release of earningsstandard
  • Cycle time in days from producing annual flash reports to completing consolidated annual financial statementsstandard
  • Cycle time in days to complete the monthly consolidated financial statementsstandard
  • Estimate if not using AI - Cycle time in days to complete the monthly consolidated financial statementsstandard
  • Number of FTEs that perform the process "perform financial reporting" per $1 billion revenuestandard
  • Number of FTEs that perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1 billion revenuestandard
  • Other cost to perform the process "perform financial reporting" per $1,000 revenuestandard
  • Other cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1,000 revenuestandard
  • Outsourced cost to perform the process "perform financial reporting" per $1,000 revenuestandard
  • Outsourced cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1,000 revenuestandard
  • Overhead and other costs to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $100,000 revenuestandard
  • Overhead cost to perform the process "perform financial reporting" per $1,000 revenuestandard
  • Overhead cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $100,000 revenuestandard
  • Percentage of FTEs that perform the process "perform financial reporting" that perform management activitiesstandard
  • Percentage of FTEs that perform the process "perform financial reporting" that perform the activity "perform business unit reporting%2Freview management reports"standard
  • Percentage of FTEs that perform the process "perform financial reporting" that perform the activity "perform consolidated reporting%2Freview of cost management reports"standard
  • Percentage of FTEs that perform the process "perform financial reporting" that perform the activity "perform legal and management consolidation"standard
  • Percentage of FTEs that perform the process "perform financial reporting" that perform the activity "prepare business unit financial statements"standard
  • Percentage of FTEs that perform the process "perform financial reporting" that perform the activity "prepare consolidated financial statements"standard
  • Percentage of FTEs that perform the process "perform financial reporting" that perform the activity "prepare statements for board review"standard
  • Percentage of FTEs that perform the process "perform financial reporting" that perform the activity "produce quarterly%2Fannual filings and shareholder reports"standard
  • Percentage of FTEs that perform the process "perform financial reporting" that perform the activity "produce regulatory reports"standard
  • Percentage of FTEs who perform the process group "Perform general accounting and reporting" allocated to the process "Manage policies and procedures"standard
  • Percentage of FTEs who perform the process group "Perform general accounting and reporting" allocated to the process "Perform financial reporting"standard
  • Percentage of FTEs who perform the process group "Perform general accounting and reporting" allocated to the process "Perform fixed-asset accounting"standard
  • Percentage of FTEs who perform the process group "Perform general accounting and reporting" allocated to the process "Perform general accounting"standard
  • Percentage of total finance function FTEs allocated to the process "perform financial reporting"standard
  • Personnel cost to perform the process "perform financial reporting" per $1,000 revenuestandard
  • Personnel cost to perform the process "perform financial reporting" per process FTEstandard
  • Personnel cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1,000 revenuestandard
  • Personnel cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per process FTEstandard
  • Personnel cost to perform the process group "perform general accounting and reporting" per $1,000 revenuestandard
  • Personnel cost to perform the process group "perform general accounting and reporting" per process group FTEstandard
  • Systems cost to perform the process "perform financial reporting" per $100,000 revenuestandard
  • Systems cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $100,000 revenuestandard
  • Total cost to perform record-to-report processes per $1 billion revenuestandard
  • Total cost to perform the process "perform financial reporting" per $1,000 revenuestandard
  • Total cost to perform the process "perform financial reporting" per process FTEstandard
  • Total cost to perform the process group "Perform general accounting and reporting" (excluding fixed assets) per $1 billion revenuestandard
  • Total cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) as a percentage of revenuestandard
  • Total cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) as a percentage of total selling, general, and administration (SG&A) costsstandard
  • Total cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1,000 revenuestandard
  • Total cost to perform the process group "perform general accounting and reporting" (excluding fixed assets) per process FTEstandard
  • Total cost to perform the process group "perform general accounting and reporting" as a percentage of total selling, general, and administration (SG&A) costsstandard
  • Total cost to perform the process group "perform general accounting and reporting" per $1,000 revenuestandard
  • Total cost to perform the process group "perform general accounting and reporting" per process group FTEstandard

optimizes (incoming)

  • Total cost to perform the process "perform financial reporting" per process FTEmodel
  • Cycle time in days to produce period-end management reportsmodel
  • Personnel cost to perform the process "perform financial reporting" per $1,000 revenuemodel

Go deeper

Explore Perform financial reporting

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