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. You don't have to sacrifice accuracy for speed. This
session will show you how to close month-end faster, better
and cheaper. This seminar will use hands-on exercises and provide
opportunities for group discussion of the issues relating to
performing a quick financial statement closing.
Objectives
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
