Surveys show that the average North American company completes its 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. This session will focus on how to provide financial information faster, better, and more cheaply.
* Gain insight into how to do a month-end closing faster, better, and more cheaply
* 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
Who Should Attend
Corporate financial managers
Additional Event Information
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The CPE Select pass is available only for NCACPA members and the price is applicable for an individual user. The pass includes access to on demand and webinar programs, but excludes webcasts, “hot topic” webinars, and on demand Ethics programming. All eligible programs for the CPE Select pass will be marked in the online catalog and in promotions. Licensed CPAs who elect the student membership status must provide proof of enrollment in an advanced degree.
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