Statutory Reporting

Use country-specific templates, local-language content and maintained disclosures to support statutory financial statements across more than 45 countries. Content updates from Thomson Reuters experts and external accounting specialists help teams keep reports aligned with changing local requirements.

Bring trial balance and reporting data into a central application instead of rebuilding statements manually. APIs support data flow from third-party systems and ERP environments, with SAP S/4HANA connectivity available for more integrated reporting workflows.

Reduce manual formatting and carry-forward work with automatic rounding, numbering, referencing and roll-forward processes. Reports link directly to captured data so updates can flow through the financial statements with fewer manual touchpoints.

Work with local-language reports and translate software and reports into English when central or shared-service teams need to review them. This helps global teams standardise oversight without depending on local-language expertise for every review step.

Use multi-user editing, review comments, permissions and workflow controls to manage preparation and review in one environment. Teams can collaborate across entities and locations without managing multiple uncontrolled report versions.

Support financial statements with standard workpapers and an audit trail from source data through adjustments and reports. This gives reviewers and auditors clearer evidence for reported figures and reduces the effort required to reconstruct how a number was produced.

Standardise templates, data capture and controls across entities while retaining local disclosures and reporting requirements. The platform supports different operating models, from local in-country teams to centralised teams and shared service centres, while helping maintain consistency across the reporting process.

Connect Statutory Reporting with Corporate Tax, Tax Provision and your business systems through ONESOURCE integrations and APIs. Reuse trusted data across processes to reduce duplicate work and create a more consistent direct tax workflow.