Financial Accounting And Reporting

Case Studies


End-to-end process assessment, structure reconfiguration and stakeholder training resulted in client’s achievement of critical accounting and reporting objectives.


  • Insufficient financial information to support planning and data driven decisions
  • Financial reports and budgets did not provide a sufficient level of insight
  • Financial and managerial accounting principles and procedures were not used effectively
  • There were no formal procedures for recording transactions and reconciling accounts
  • Inefficient manual processes
  • The wireless peer to peer network worked inefficiently resulting in significant down time
  • Backlog in recordkeeping led to late reporting and analyses depriving management of accurate and timely information

ERG conducted a comprehensive requirements analysis and assessment of processes, network operations and information technology involving key process owners and report users to gain an understanding of the business case. Key findings were delivered with outcomes and a comprehensive action plan.

Our next steps:

  • Led the conversion of the IT network to a client-server structure to improve operating and resource utilization efficiencies
  • Developed and documented the company’s accounting policies and procedures and implemented a financial framework specifically for the enterprise
  • Assisted with the implementation of accounting policies and procedures
  • Conducted tailored training developed specifically for process owners and report users
  • Provided coaching support to reinforce training
  • Led execution of workplan to eliminate the recordkeeping backlog
  • Developed key performance indicators
  • Tailored performance dashboard with drill down reporting functionality

Successful implementation of a robust and scalable financial accounting and reporting system that provided accurate and timely financial information to support data driven decision making.

Enterprise Resource Group (“ERG”) is a Bahamas-based boutique consulting firm specializing in end-to-end enterprise support services.

Registered Office:

Nassau, Bahams
(9 am - 5 pm)