How Flight Centre Transformed Reporting in Practice

200+ legal entities. One annual report. Five years in Workiva.

Flight Centre’s ASX annual report brings together more than 200 legal entities. For five years, it has been built in Workiva, right through to the file that goes to the printers.

Join us to hear about what reporting looks like day to day once Workiva is up and running. Sara Fraser and Leanne Kuzma, who lead global financial reporting at Flight Centre [ASX: FLT], sit down with Sangita Patel, APAC Workiva Practice Lead at VantagePoint, to show you what it takes and what it delivers.

Key takeaways:

• Numbers that update themselves: Watch a single $2m adjustment to the trial balance update 44 figures across the annual report and investor presentations with one click.
• Words that stay consistent: Text written for the ASX release flows straight into the annual report, so a change in one place carries through to the other.
• One document for everyone: Treasury, risk, legal, remuneration and investor relations all work in it at the same time. No one has to ask which version is the latest.
• A name and a timestamp on every change: The full audit history shows who changed what and when, so reviewers can follow up instead of guessing.
• Reviews that cover only what’s changed: Blacklining shows the exact figures that moved between drafts, so nobody has to re-read 200 pages late at night in reporting season.
• Auditors in the same place: Flight Centre’s UK auditors asked to move the UK entity onto Workiva. Now they review inside the platform, from their own time zone.

Planning a rollout of your own?

Hear how Flight Centre took its subsidiaries live region by region from a single template, and the one thing they’d do differently next time. Bring your questions for the live Q&A.