Enterprise Performance Management (EPM) software helps you analyze, understand, and report on your business. EPM refers to the processes designed to help organizations plan, budget, forecast, and report on business performance as well as consolidate and finalize financial results (often referred to as “closing the books”). EPM solutions are primarily used by CFOs and the office of finance, while other functional […]
Section F.1. Information systems (f) Relational database: RDBMS. Stands for “Relational Database Management System.” An RDBMS is a DBMS designed specifically for relational databases. … A relational database refers to a database that stores data in a structured format, using rows and columns. This makes it easy to locate and access specific values within the database. A relational database is a set of […]
What Is Enterprise Resource Planning (ERP)? Enterprise resource planning (ERP) is a process used by companies to manage and integrate the important parts of their businesses. Many ERP software applications are important to companies because they help them implement resource planning by integrating all of the processes needed to run their companies with a single […]
“GMSI SUCCESS” is started in Mumbai , as a “Mission”to spread the awareness about the professional studies like ACCA,CMA,CIMA,CPA,CIA,IFRS ,FRM Courses and other competitive exams. We commenced conveying students,professors & parents about benefits & dominance of these professional and competitive courses ,exams & started training motivate such aspiring students. With the help of few students […]
How to Embrace Data Analytics to Be Successful: This follow-up report to “The Data Analytics Implementation Journey in Business and Finance” identifies the factors critical for successful deployment of leading-edge analytics. The findings are based on a recent survey of 170 global business professionals. While most organizations believe that implementing leading-edge analytics is key to their […]
The Certified Management Accountant (CMA) is updating its exam to have a greater focus on technology to reflect the evolving environment of the management accounting profession. The updated exam will continue to be in two parts, with each part containing a 100 multiple choice questions and two essays. In part one of the exam, 15% […]
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Real-time reporting in accounting or simply real-time accounting offers many benefits when compared to conventional periodic reporting. Traditionally, enterprises require financial or non-financial reporting based on quarterly and annual periods. Yet, the rapid change that occurs on market and society causes this periodic reporting to become quickly outdated. Higher competition among enterprises demands for more updated information to […]
Latest Version of the Management Accounting Competency Framework: In February 2019, IMA® (Institute of Management Accountants) released the latest version of the Management Accounting Competency Framework (bit.ly/309rjw8), which reflects the knowledge and expertise that today’s—and tomorrow’s—management accountants must have in order to be relevant in today’s rapidly evolving business climate and to be prepared for what […]
Major CIA Syllabus Changes in 2019 : Part 1 – Essentials of Internal Auditing. 125 questions I 2.5 hours (150 minutes) … Part 2 – Practice of Internal Auditing. 100 questions I 2.0 hours (120 minutes) … Part 3 – Business Knowledge for Internal Auditing. 100 questions I 2.0 hours (120 minutes) The IIA has […]
