By Greg Strunk on February 2nd, 2016
Section 404 of the Sarbanes-Oxley Act (SOX) requires public companies to maintain a system of internal controls to ensure that financial reports will be reliable. For many companies these regulations do not apply to their Planning system. These companies load Actual data from their general ledger (GL) system to Essbase to enable them to conveniently pair it with Forecast or Plan data for internal reports. The GL system, in this example, remains the system of record subject to SOX regulations. Other firms elect to generate their public financial reports with their Planning system, shifting regulatory controls from the GL system to the Planning system. This post describes one way to set up Planning security to minimize audit risk.
By TopDown Team on December 29th, 2014
The countdown of our most viewed blog posts is nearly complete! Starting off the final three is our “Hyperion Planning Security – Managing Filters for Very Large Dimensions” feature from 2011.
This post, which ranks 3rd on our list, covers the task of managing complex security processes within Hyperion Planning – an activity that can become increasingly cumbersome and even daunting very quickly. Be sure to read the original post for our expert tips and share any of your own advice in the comments below.