Best Practices for a Quicker Financial Close

Course Information

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Title:	Best Practices for a Quicker Financial Close
Category:	Business Management and Organization
Field of Study:	Management Services - Technical
Course Code:	M016
CPE Credits:	1.0
Price:	12.95

Description

Description:

The pressure on the finance function has never been higher to deliver financial results as soon as possible after the period. Managers, analysts, Boards, and investors are digesting market information in real time and are beginning to expect the same of financial results. To meet these high expectations, the CFO and controller need to find ways to speed up their financial close processes to report the financial results before they become perceived as old news in the new world. In this course, Blair Cook, a many-time CFO, will explore ideas for shortening the financial close process. Leading companies have found ways to close their books in as little as one day and see the benefit of almost real-time analysis (in addition to the actual period financial data) that can be performed with a shorter close.

Delivery Method: Online Interactive Self Study

Level: Intermediate

Prerequisites: None

Advanced Preparation: None

Course Details

Category: Business Management and Organization

Field of Study: Management Services - Technical

Passing Score: 70%

Technical Details: Management Services - Technical

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Objectives

Objectives:

1. Identify factors that slow down the financial close process. 2. Recognize strategies for speeding up the financial close process. 3. Identify a plan for implementing improvements to the financial close process using change management principles.

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Profession

NASBA: Yes

QAS: Yes

CPA: Suitable for all CPAs

IRS: No IRS credit for Enrolled Agents.

Profession Identifiers: CPA