Case Study

ASM masters complex financial reporting with Wdesk

ASM masters complex financial reporting with Wdesk

Pages 4 Pages

ASM masters complex financial reporting with WdeskA nxiety is high for most financial reporting managers, especially during filing periods. Are all the numbers correct? Are the XBRL tags correct? Will they make the filing deadline? These concerns were familiar to the director of external reporting and treasury ASM International. The company, headquartered in the Netherlands, is a leading supplier of semiconductor equipment for wafer processing. Because the company’s stock is traded on the NASDAQ and Euronext Amsterdam Stock Exchange, the director must prepare two different sets of financial reports several times a year and get them reviewed, approved, and filed by two different deadlines. The process of creating two sets of financial reports and two annual reports is a

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