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Closing Best Practices - Shortening Month End - 5843
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According to the Journal of Accountancy, the average company now performs their month-end closing in 5 days. Some companies perform their closing in a single day as a few organizations perform a "virtual close," performing no closing tasks after month end except those required to close the previous day. This workshop will provide attendees with ideas to prepare financial information faster, better and cheaper.

7/13/2016
When: Wednesday, July 13, 2016
7:00 AM - 9:00 AM
Where: Webinar/Webcast
United States
Contact: April Deneault

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Acronym ECBSM1
CPE 2 hours
Category

Level Intermediate
Vendor Executive Education, Inc.
Who should attend

Corporate Financial Managers

Prerequisite
None
Fees: Early Bird
Standard
Member N/A
$79
Non-Member: N/A
$79

Description 
  According to the Journal of Accountancy, the average company now performs their month-end closing in 5 days. Some companies perform their closing in a single day as a few organizations perform a "virtual close," performing no closing tasks after month end except those required to close the previous day. This workshop will provide attendees with ideas to prepare financial information faster, better and cheaper.

 

Specific topics include:

  • Understand trends month-end closings such as the Quick Close, Soft Close and Virtual Close.
  • Solve and prevent computer systems headaches that slow you down.
  • Get organized and simplify your life.
  •  Identify the improvement projects that will yield the biggest benefit.
  • Make your bank statement old news.
  • Value accounts payable without guessing or waiting for vendor invoices.
  • Get inventory and cost of sales under control.

Objectives

  • To present and share tools and techniques for assisting financial managers shorten their financial statement close.

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