Blog and Insights
Germany’s Data Compliance Fines and Data Residency Laws
Germany the Data Protection leader Germany has long been a leader in data protection and privacy, driven by a historical context that underscores the importance of safeguarding personal information. This article delves into the significant fines issued for GDPR violations in Germany, explores the key data privacy laws, and examines the implications of data residency […]
Data Residency: Impact on Financial Reporting
What is Data Residency? Data residency refers to the physical or geographical location where an organization’s data is stored, processed, or managed. In the context...
Blow by Blow: How Spreadsheets Can Lead to Costly Errors
The Enduring Appeal of Excel Spreadsheets Despite the increased time required and the higher risk of errors, many organizations continue to rely on Excel spreadsheets...
The Global Accountant Shortage is Real
Right here, right now The global shortage of accountants is a pressing issue that has significant implications for businesses and economies worldwide. The U.S. alone...
Difference between SOC 1 and SOC 2: Everything You Need to Know
Why is SOC important? Service Organization Control (SOC) reports are essential for organizations that provide services to other entities, as they demonstrate the effectiveness of...
Tech Throwback: Microsoft FRX
Microsoft FRX: Everything you need to know Microsoft FRx was a financial reporting and analysis software designed to help organizations streamline their financial close processes...
Why companies continue to rely on spreadsheets for financial reporting and consolidation
Spreadsheets since the beginning of time Many organizations continue to rely on Excel spreadsheets for financial reporting and consolidation despite the increased time required and...
Mondial is at the Accountex London 2024!
What is ACCOUNTEX, London 2024? Accountex London 2024 is a prominent event in the accountancy and finance sector, scheduled to take place on 15-16 May...
The Role of Financial Reporting Specialists in Optimizing Reporting Technology
Financial Reporting Specialists Job Description Financial reporting specialists are professionals who are experts in preparing, analyzing, and presenting financial information for organizations. They are responsible...
Mondial at the 2024 SAP Partner Summit for SME
Mondial was there at both the Phoenix and Madrid Summit Our amazing team at Mondial wasn’t just jet-setting to sunny destinations (although, Phoenix and Madrid...