The barrage of new accounting regulations and requirements strain legacy accounting systems, forcing you to continually improve your internal data volume and quality to stay compliant.
That’s why Bloomberg offers an array of cost-effective solutions built on the guidance and interpretations of the Big Four. We help clients effectively and confidently comply with new accounting guidance and regulations. Mitigate compliance risk by keeping your firm’s actions aligned with current recording and reporting requirements.
Our targeted solutions provide global coverage and eliminate the need for multiple or overlapping vendors. Our data is structured under the guidelines and methodologies of the Big Four thereby saving time and resources by enabling you to automate processes and speed up the implementation of rules changes. For larger firms with internal implementation processes, Bloomberg’s accounting solutions offer cost-effective benchmarking, validating your work while establishing efficiencies that could yield significant cost reductions over time.
We use an automated, streamlined workflow to generate accounting and regulatory data — eliminating time-consuming processes while reducing operational risk and manual errors. It makes the data flexible to keep you ahead of changes in accounting standards and interpretations.
Our products for accounting and finance are easy to use and add value almost immediately, coming pre-configured and ready for implementation — so you can be up and running quickly. We work with you to derive optimal value from our products; our team of dedicated experts will guide you through on-boarding, help you identify efficiencies and better workflows, and answer questions quickly and accurately.
In a complex and changing regulatory and accounting environment having the right systems in place can reduce risk and save time and money. Bloomberg provides the data you need to quickly and fully comply with new accounting requirements. Bloomberg’s solutions and data feeds boost efficiency by helping automate processes, enabling you to respond to additional rules changes immediately and painlessly. But successful automation requires data feeds of the highest quality.
A reliable stream of fast, accurate data structured to meet accounting and reporting requirements is essential to optimizing performance. Bloomberg delivers superior data that is global across geography and product type. It is comprehensive and granular, giving you access to as much depth and detail as you need. And our data feeds are structured for immediate seamless integration into your systems, making implementation easy.
The reporting process demands accurate and defensible valuation of your global investment portfolio. At a time of extraordinary product complexity and global investment opportunities, determining an investment’s value and understanding the sources and composition of that valuation are critical. Our valuation tools do just that. Bloomberg is dedicated to pricing transparency and provides clear, precise detail on how valuations are determined, ready to be delivered to auditors and regulators.