Calabasas, Calif. – June 11, 2010 – Financial software provider BlackLine Systems is teaming up with partner Resources Global Professionals, a multinational professional services firm, to host a Southwest Region Client Roundtable in Los Angeles on the benefits of automating the financial close and reporting processes. The event will feature a case study from BlackLine client International Rectifier (NYSE:IRF), supplier to the largest manufacturers of computers, consumer electronics, appliances, automobiles and defense systems in the world.
Jennifer Matheson, director of client service and IFRS subject matter expert at Resources Global Professionals, will open the discussion with a session on the immediate impact of IFRS on U.S. public companies through the implementation of the joint IASB and FASB Convergence Projects over the next 12 months.
Joseph Sorrentino, International Rectifier’s senior manager of corporate accounting, will discuss how this global public company, with offices and manufacturing facilities in 20 countries, uses BlackLine to reduce risk while increasing visibility and control over its financial close and reporting processes in an era of heightened scrutiny over compliance with SEC and other domestic and foreign regulations.
Accounting, finance, audit and compliance department executives from other regional BlackLine client companies are also expected to attend and share their experiences using BlackLine’s account reconciliation and financial close suite.
The BlackLine Southwest Client Roundtable, one of a series of regional Roundtables planned for the year, will be a half-day event, from 7:30 a.m. to noon, on Thursday, June 17, 2010, at Resources Global Professionals’ offices at 1000 Wilshire Blvd. in Los Angeles.
Attendees will be eligible for CPE (continuing professional education) credits through Resources Global Professionals, an American Institute of Certified Public Accountants (AICPA)-certified training provider.
BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralising and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize enterprises. Designed to complement ERP and other financial systems, BlackLine’s cloud platform increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation.
BlackLine’s mission is to continuously improve the quality, accuracy and efficiency of Finance and Accounting by centralising key functions within a single, unified cloud platform. Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day activities. BlackLine helps companies modernise accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close. To date more than 2,800 companies with users in over 130 countries around the world trust BlackLine to help ensure balance sheet integrity and confidence in their financial statements.
BlackLine is recognized by Gartner as a Leader in its 2019 Magic Quadrant for Cloud Financial Close Solutions.
Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney servicing its 14 global locations.For more information, please visit https://www.blackline.com/.