Surveys show that the average North American company completes their monthly financial statement closing in five days. However, some companies are able to close their books in one day or less. Many financial managers who feel pressured to shorten financial statement preparation time struggle with the balance between accuracy and speed.
DESIGNED FOR
Corporate financial managers.
BENEFITS
Focus on the key aspects of every close and provide attendees with methods to prepare
better quality financial information more cheaply and in less time.
HIGHLIGHTS
- Trends in financial statement closings including the Quick Close, Soft Close and Virtual Close
- Information systems’ headaches that slow you down
- Examples of close cycle “time killers” and how to resolve them
- Getting inventory and cost of sales under control
- Improvement projects that will yield the biggest benefit
- What leading-edge finance managers are doing to close more quickly
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
Help Feed Those in Need- The NJCPA Emerging Leaders Council is hosting a Food Drive to benefit the Community FoodBank of New Jersey. Please bring your nonperishable items and canned goods to this event. Peanut butter and tuna fish are always needed.