About This Course
In today’s dynamic business environment, the ability to efficiently and accurately close month-end and year-end accounts is crucial for financial professionals. The “Fast Closing Month-End & Year-End Accounts” course is designed to empower participants with the skills and knowledge necessary to streamline the financial closing process and meet tight deadlines with confidence.
Learning Objectives
Understand the importance of the fast close process on financial and operational decision-making within an organization
Examine fast close processes, strategies, and best practices as well as consideration of organizational documentation policies and procedures
Understand the importance of departmental requirements for financial reporting as well as the need for on-going improvements to the closing process
Provide faster and more accurate data for monthly and year-end account closings to enhance communication with internal and external financial statement users
Utilize assessment tools to pinpoint the disconnect between finance and internal users
Consider organizational policies, procedures, and documentation related to a fast close
Consider the departmental requirements for financial reporting
List the steps needed to carry on process improvements in finance and identify the need for closing process redesign
Target Audience
- All Employees
Curriculum
16h
Introduction to Fast Close Concepts
Developing a Fast Close Strategy
Managing Change and Utilizing Technology in Redesigning and Monitoring the Finance Function
Operational Implementation of a Fast Close
Financial Reporting and On-Going Improvements to The Closing Process
Free
