Accounting departments are challenged by outdated documentation
Dec 4, 20233 min. read
Accounting departments increasingly have found that their policies, procedures and process documentation are being neglected.
“COVID threw everything up in the air,” says Tami Stevens, Senior Manager, Accounting Advisory, at Clark Schaefer Consulting. “Processes were disrupted, people went remote, and others decided to retire. Many accounting departments are still somewhat frazzled by these changes. The result is that their policies, procedures and process documentation are often outdated or incomplete.”
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