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.
DESIGNED FOR
CFOs and anyone who aspires to be a CFO
BENEFITS
After attending this presentation you will be able to...
- Deploy ideas that will allow your department to produce financial statements faster, better and more cheaply.
- Recognize activities that take too much time
HIGHLIGHTS
The major topics that will be covered in this class include:
- Trends in financial statement closings including the Quick Close, Soft Close and Virtual Close
- Review and discuss information system's headaches that slow you down
- Work through examples of close cycle “time killers” and how to resolve them
- Identify the improvement projects that will yield the biggest benefit
- Review what leading edge finance managers are doing to close more quickly
COURSE LEVEL
Intermediate
PREREQUISITES
Some month end closing experience is helpful
ADVANCE PREPARATION
None