Finance in a Virtual Age

Published On:
September 15, 2021
Authored By:
APQC

Business closures over the past year necessitated by the COVID-19 pandemic have resulted in many back-office professionals working remotely, and APQC’s research finds that the virtual work phenomenon is expected to continue, with more and more finance professionals working in hybrid work environments (e.g., part-time in the office, part-time virtual). And as a result, many finance processes, such as closing the books, and the external audit of the financial statements, by necessity were also conducted virtually over the past year, resulting in some unanticipated challenges that had to be dealt with as well as unanticipated benefits. The purpose of this research collection is to convene/curate content to help finance functions conduct their processes better in the more virtual world of the future.