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 Faster, more detailed financial reporting is becoming a mandatory requirement worldwide. New compliance and reporting regulations such as the U.S. Sarbanes-Oxley Act, Canada’s Continuous Disclosure Obligations, and International FinancialReporting Standards (IFRS) are driving new reporting requirements. Writes home about HFM and  Migration conepts and also carries in one of the paper, the primary concern of finance academicians about the state of finance in future