Reflection: Visualization

Challenge

I am presently running in a indexed conventional financial institution in our country as a  Financial Reporting Analyst. Our group is tasked to offer well timed and correct monetary  reviews for the complete unibank and its subsidiaries for month-to-month board  conferences and control purposes. Our normal month-to-month reviews encompass  however now no longer restrained to Statement of Condition, Statement of Operation,  Statement of Cash Flows, and Statement of Changes in Capital Funds and the Operating  Performance Analysis Report (OPA).

It changed into round March 2021 while our counter-element unit raised a few remarks  and clarifications on Operating Performance Analysis Report. They discovered out that  there are inconsistencies in regards to mapping/tagging of positive mortgage GL codes  throughout extraordinary reviews at financial institution huge degree and in step with solo  reviews. They argued that this inconsistencies had been affecting phase reviews and in  step with product reviews which may be very essential in selection making.

The mapping/tagging in query has already been in use for pretty a protracted time.  Previous personnel and officials worried while assigning of tags for GL codes has already  left the financial institution. With this, we need to begin from the scratch to recognise the  cause of this inconsistencies and tagging.

Selection

With the stated trouble in mind, our group comes to a decision to visualise and realize  first what our counter-component unit seeking to increase and if there truely is  inconsistencies. With the stated trouble in mind, our group comes to a decision to  visualise and realize first what our counter-component unit seeking to increase and if  there truely is inconsistencies.

Application

To start, we requested the inquiring unit to offer because the listing of GL codes that they  have been inquiring. I attempted to analyze first and draw/listing a type of chart or map  so as to assist as perceive the cause of inconsistencies. First I attempted to split the GL  codes into earnings and asset categories. I created sheets within side the excel report for  every categories. Then, I placed five extra columns for GL code title, GL code description,  Corp code of entities presenting the mortgage to peer the their mortgage tagging  throughout those entities, findings column to summarize narrate the findings, and  proposed solution. After laying out all of those, we effortlessly discover the ache factors  or the trouble factors that reasons inconsistencies and we're capable of effortlessly  perceive the proper devices to invite or refer our findings. In this way of presentation, the

devices in which we refer our findings effortlessly comprehends what we're looking to ask  them.

Insight and Approach

After this pastime, we have been capable of align the stated inconsistencies and we’re  capable of apprehend that every organizations beneath our umbrella sincerely has unique  types of product classifications and that there need to be a separate GL codes for every  product for us to maximize using section reports. This pastime lead us to every other GL  mapping clean-up activities.

We have found out that way of presentation and visualization sincerely allows the trouble  solver to without difficulty discover ache factors and are seeking solutions.


Reflection : Visualization Challenge I am presently running in a indexed conventional financial institution in our country as a Financial Reporting Analyst . Our group is tasked to offer well timed and correct monetary reviews for the complete unibank and its subsidiaries for month - to - month board conferences and control purposes . Our normal month - to - month reviews encompass however now no longer restrained to Statement of Condition , Statement of Operation , Statement of Cash Flows , and Statement of Changes in Capital Funds and the Operating Performance Analysis Report ( OPA ) . It changed into round March 2021 while our counter - element unit raised a few remarks and clarifications on Operating Performance Analysis Report . They discovered out that there are inconsistencies in regards to mapping / tagging of positive mortgage GL codes throughout extraordinary reviews at financial institution huge degree and in step with solo reviews . They argued that this inconsistencies had been affecting phase reviews and in step with product reviews which may be very essential in selection making . The mapping / tagging in query has already been in use for pretty a protracted time . Previous personnel and officials worried while assigning of tags for GL codes has already left the financial institution . With this , we need to begin from the scratch to recognise the cause of this inconsistencies and tagging . Selection With the stated trouble in mind , our group comes to a decision to visualise and realize first what our counter - component unit seeking to increase and if there truely is inconsistencies . With the stated trouble in mind , our group comes to a decision to visualise and realize first what our counter - component unit seeking to increase and if there truely is inconsistencies . Application To start , we requested the inquiring unit to offer because the listing of GL codes that they have been inquiring . I attempted to analyze first and draw / listing a type of chart or map so as to assist as perceive the cause of inconsistencies . First I attempted to split the GL codes into earnings and asset categories . I created sheets within side the excel report for every categories . Then , I placed five extra columns for GL code title , GL code description , Corp code of entities presenting the mortgage to peer the their mortgage tagging throughout those entities , findings column to summarize narrate the findings , and proposed solution . After laying out all of those , we effortlessly discover the ache factors or the trouble factors that reasons inconsistencies and we 're capable of effortlessly perceive the proper devices to invite or refer our findings . In this way of presentation , the devices in which we refer our findings effortlessly comprehends what we 're looking to ask them . Insight and Approach After this pastime , we have been capable of align the stated inconsistencies and we ’re capable of apprehend that every organizations beneath our umbrella sincerely has unique types of product classifications and that there need to be a separate GL codes for every product for us to maximize using section reports . This pastime lead us to every other GL mapping clean - up activities . We have found out that way of presentation and visualization sincerely allows the trouble solver to without difficulty discover ache factors and are seeking solutions .