Shorten Month-End: Closing Best Practices

Friday, December 29, 2023
Webcast or Webinar, Online
9:00 AM - 1:00 PM (opens at 8:30 AM) EST
4Credits
Accounting and Auditing

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$149.00 Regular Price
Non-Members
$209.00 Regular Price
Course Type: Webcast
Course Code: 23/CX36258
Level: Intermediate
Vendor: CPA Crossings, LLC
Field of Study: Accounting

Overview:

Surveys show that the average North American company completes its monthly financial statement closing in six days. However, some companies can close their books in one day or less. You don't have to sacrifice accuracy for speed. This session will show you how to close month-end faster, better and cheaper. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives:

Gain ideas that will help your organization perform it's month-end closing faster, better and cheaper.

Major Topics:

  • Trends in financial statement closings including the Quick Close, Soft Close and Virtual Close
  • Review and discuss information systems' headaches that slow you down
  • Work through examples of close cycle "time killers" and how to resolve them
  • Get inventory and cost of sales under control
  • Identify the improvement projects that will yield the biggest benefit
  • Review what leading edge finance managers are doing to close more quickly

Major Topics:

  • Trends in financial statement closings including the Quick Close, Soft Close and Virtual Close
  • Review and discuss information systems' headaches that slow you down
  • Work through examples of close cycle "time killers" and how to resolve them
  • Get inventory and cost of sales under control
  • Identify the improvement projects that will yield the biggest benefit
  • Review what leading edge finance managers are doing to close more quickly

Designed For:

Corporate Financial Managers

Prerequisites:

Some month-end closing experience is helpful