Global Statutory Reporting Transformation: Strategies to Centralise, Standardise and Automate

*Held concurrently with the Shared Services & Outsourcing Week Malaysia - Main Conference Day One

Tuesday, 11 June 2024

Grand Millennium Hotel Kuala Lumpur, Malaysia

Over 3 in 5 organisations are consolidating their statutory reporting (preparation of global financial statements and notes/ disclosures) capabilities within shared services, as per Thomson Reuters’ Digital Transformation in Tax Compliance and Statutory Reporting 2023 Survey Report.

The apprehensions that have historically caused statutory reporting to be retained in-country – for example, staying on top of changing local regulations/ GAAP knowledge, the ability to offer language- based services – are being successfully addressed by smarter content-driven cloud technologies. Thereby, enabling shared services to generate statutory reporting process transformation across the entire enterprise.

In this exclusive and interactive Private Lunch session, we bring together Malaysia’s senior leaders for this thought-provoking discussion over lunch on exploring the latest trends and technological advancements shaping strategies for shared services, as they look to centralise knowledge-based processes and set efficiency targets based on scope expansion.

Tuesday, 11 June 2024

13:30

Private Lunch Discussion

Global Statutory Reporting Transformation: Strategies to Centralise, Standardise and Automate

  • Centralisation Strategies: Effective strategies for navigating the perceived barriers to centralisation of knowledge-based processes, risk mitigation, and the role of digital transformation in ensuring compliance.
  • Technological Solutions: Examination of how technology and automation are revolutionising global statutory reporting process within shared services, enhancing accuracy, and reducing compliance burdens.
  • Best Practices: Insightful discussion on adopting best practices for statutory reporting, based on real-world experiences and case studies from Siemens and Thomson Reuters' work in India centre of excellence.
  • ROI Framework: Key findings from an independent evidence-based Total Economic Impact™ study by Forrester commissioned by Thomson Reuters

Nandheesh Sathyavelu, Director of Statutory Reporting, Thomson Reuters

Sakshi Rehani, Statutory Reporting Proposition Lead, Thomson Reuters

Lay Choo Khoo, Director, Advisory, Deloitte SEA

14:40

Start of SSOW Malaysia Session

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Thomson Reuters is a leading provider of business information services. Our products include highly specialised information-enabled software and tools for legal, tax, accounting, shared services and compliance professionals combined with the world’s most global news service – Reuters. For more information on Thomson Reuters, visit tr.com and for the latest world news, reuters.com.

Website: www.thomsonreuters.in/en.html

In Partnership With :

Shared Services

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