A new Controller in this case was recently hired by Unilever, a global 200 consumer products organization, to integrate a newly acquired business into Unilever’s financial planning process. The newly acquired organization was a publically held company and had its own existing financial processes and procedures. Financial planning and reporting are major company activities and finance and accounting professionals are expected to “get it right.” The purpose of this case study is to get students to think about the difficulties and challenges of revamping existing financial processes and procedures and alert them to areas where other financial professionals have encountered difficulties so they can benefit from their experience.
Tarasovich, B. (2012). Integrating a new business into the financial planning process at Unilever. International Research Journal of Applied Finance: Case Studies in Finance and Accounting, 8-12.