Since Oracle Hyperion Financial Management is generally a finance-owned and IT-supported application, HFM administrators have several responsibilities and requirements that they need to meet. Some are evidence-based activities (e.g. provide proof of how foreign-owned entities are translated and consolidated in the financial statements), and some are change control activities (e.g. ensure metadata updates of entities and/or accounts are approved by the accounting manager).
To support accounting for Sarbanes-Oxley compliance activities, use the SOX compliance checklist to see how HFM admins perform the following application support and change management tasks.Read More