Accounting Manager's Guide to a Fast Close Part 2 (Currently Unavailable)

Author: Ron Rael

In order to have an accounting system that supports real-time, you must be able to close the books timely, and timely means in less than 72 hours! A faster close will directly affect how quickly you can record and what you report on.

This session provides you with the common techniques used by companies that close in days versus weeks. Each tactic in the overall strategy is something you can use for this month’s close.

This leading-edge webcast provides a time sensitive strategy to close faster so that you can provide timely information to others.

Publication Date: October 2015

Topics Covered

• Fast close versus soft close.
• Ways to quickly reengineer your closing process.
• Focusing on the closing tasks that add value.
• Determine what is preventing you from closing quicker.
• Preferred ways to manage your closing process.

Learning Objectives

• Apply techniques for closing your general ledger in less than three days.
• Work with managers to define the most important aspect of their work.
• Create a structure that places the right information into the right hands at the right time.
• Apply at least one of seven tactics to simplify your general ledger close process.

Level
Intermediate

Instructional Method
Self-Study

NASBA Field of Study
Accounting (2 hours)

Program Prerequisites
Basic knowledge of Closing the Books

Advance Preparation
None