How Amazon optimized its high-volume financial reconciliation process with Amazon EMR for higher scalability and performance Account reconciliation is an important step to ensure the completeness and accuracy of financial statements. Specifically, companies must reconcile balance sheet accounts that could contain significant or material misstatements. Accountants go through each account in the general ledger of accounts and verify that the balance listed is complete and accurate. When discrepancies are found, accountants […]
https://aws.amazon.com/blogs/b....ig-data/how-amazon-o