Analytics, Insight, Action

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More and more finance leaders are applying analytics, insight and action when making strategic business decisions. In this presentation, learn the significance of each of these concepts and see how this methodology is applied to real research examples on audit fees, agreements, plans of merger and more.

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Analytics, Insight, Action

  1. 1. Analytics, Insight, Action
  2. 2. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™21 13 37 49 96662200 0“For organizations and their finance functions today,data represents the ultimate challenge and theultimate opportunity.”– Jeanne E. Johnson, KPMG LLP11http://www.kpmg.com/US/en/IssuesAndInsights/ArticlesPublications/Documents/big-data-big-opportunity.pdf
  3. 3. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™3of the most profitable companies willmanage their business processes usingreal-time predictive analytics.2By 2016,2http://www.gartner.com/newsroom/id/2349215
  4. 4. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™4Let’s find out why.More and more finance leaders are applyinganalytics, insight and action when makingstrategic business decisions.
  5. 5. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™5AnalyticsDefined
  6. 6. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™6“Analytics is the discovery and communication ofmeaningful patterns in data. Analytics often favorsdata visualization to communicate insight.”33http://en.wikipedia.org/wiki/Analytics
  7. 7. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™7Why does this matter to finance professionals?
  8. 8. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™8Because…Because…
  9. 9. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™9“With an information-driven culture focused onbusiness outcomes, data analytics can producethe power that drives the growth engine.”44http://www.kpmg.com/US/en/IssuesAndInsights/ArticlesPublications/Documents/big-data-big-opportunity.pdf
  10. 10. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™10InsightDefined
  11. 11. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™11“The power of acute observation and deduction,penetration, discernment, perception called intellection.”55http://en.wikipedia.org/wiki/Insight
  12. 12. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™12How can gathering insight drive your bottom line?
  13. 13. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™13Like this…
  14. 14. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™14“In the current information-driven age of structuredand unstructured data, leaders are beginning to takea 360-degree view of the extraordinary volume of dataavailable to them – historic, current and predictive –so they can extract from it what they need as well asdiscover what they don’t yet know they need.”66http://www.kpmg.com/US/en/IssuesAndInsights/ArticlesPublications/Documents/big-data-big-opportunity.pdf
  15. 15. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™15ActionDefined
  16. 16. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™16“The fact or process of doing something,typically to achieve an aim.”77http://tinyurl.com/o9mce4b
  17. 17. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™17Is your finance department using actionable knowledge?
  18. 18. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™18Actionable knowledge=Results
  19. 19. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™19“Developing actionable knowledge calls for a focuson outcomes, the talent to analyze and apply insightsand a holistic point of view that encompasses theorganization and the extended ecosystem inwhich it operates.”88http://www.kpmg.com/US/en/IssuesAndInsights/ArticlesPublications/Documents/big-data-big-opportunity.pdf
  20. 20. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™20Let’s take a look at some examples of where analytics,insight and action are applied.
  21. 21. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™21Example #1:Audit Fees
  22. 22. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™22By drawing upon analytics, it was determined that…
  23. 23. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™23Higher auditor fees have a directimpact on stock performance.99http://www.accountingtoday.com/news/High-Audit-Fees-Precede-Poor-Company-Performance-60293-1.html
  24. 24. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™24What’s the insight here???? ?????
  25. 25. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™25The higher the audit fee, the morelikely the company is in trouble.
  26. 26. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™26Let’s take some action…
  27. 27. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™27Monitor competitors’ audit fees in your disclosureresearch solution by using the search string auditfee* w/10 audit related fees in 10-K and 10-Q filings.
  28. 28. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™28Example #2:Agreements, Plans ofMerger or Acquisition Agreements
  29. 29. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™29Analytics show…
  30. 30. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™30Varying degrees of negotiations– perfect for benchmarking.
  31. 31. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™31Insight includes…
  32. 32. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™32• Intelligence about peers and competitors• Awareness around your own due diligence
  33. 33. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™33Here’s how to take action:
  34. 34. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™34Use the search string acquisition agreement w/10execution copy in your disclosure research tool whenlooking for aides in negotiating an agreement mid-draft.
  35. 35. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™35Example #3:Summary Executive Compensation Table
  36. 36. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™36Analytics tell-all:
  37. 37. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™37Compare financial payments and non-monetary benefitsprovided to high-level management to analyze trends.
  38. 38. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™38You can collect insight on how to:
  39. 39. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™39• Attract the right talent• Retain great talent• Create competitivecompensation packages
  40. 40. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™40Start your research now by conducting a search usingthe string summary executive compensation table inthe filing category: DEF14A.
  41. 41. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™41Read this:Understand the 3 Ways Automation will Help you MonitorFinancial Rules & RegulationsPrint this:Use an SEC filings Calendar to keep on top of deadlinesKnow this:A Guide to Guidance: Upcoming Changes to U.S. GAAPResources
  42. 42. www.DisclosureNet.com | Copyright © 2013 DisclosureNet™42Learn more about how to apply analytics, insight and action. Contact us.DisclosureNet™330 Bay Street, Suite 200Toronto, ON M5H 2S8T: 866.974.3638F: 416.913.0446General InquiriesT: 866.974.3638 x0info@disclosurenet.comSolutionsT: 866.974.3638 x2solutions@disclosurenet.com

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