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Fast Closing Monthly and Year End Accounts
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- Accounting and Finance
- Fast Closing Monthly and Year End Accounts
CPD StandardsInstant confirmationGlobal presenceMonth and year-end closings are the ultimate processes of finance where the efforts spent during the period materialise in accurate and timely reports. It is important that such valuable information is developed at a cost that is justified by the benefits gained. Hence, organisations need to always identify inefficiencies in the closing process and apply continuous improvement. This course provides several tools for process analysis and improvements related to closing the books quickly and efficiently.
Course Objectives
By the end of the course, participants will be able to:
- Describe the different types of closing and list the main activities in the closing cycle
- Utilise assessment tools to pinpoint the disconnect between finance and internal users
- List the steps needed to carry on process improvements in finance and identify the need for closing process redesign
- Practice using process maps to identify closing inefficiencies and present improvement recommendations
- Apply best practices and enhance the monthly closing procedures
Who Should Attend?
This course is ideal for:
- Accountants
- Bankers
- CEOs
- CFOs
- Business and finance managers
- Managers and supervisors overseeing financial operations
Course Outline
- Understanding the challenges involved in fast closing monthly and year-end accounts
- The critical role of the finance function in business operations
- Finance as a strategic tool: The Trojan horse analogy
- The importance of redefining the close cycle for efficiency
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Accreditations
CPD Standards
Helping to develop learning worldwide.
ISO 9001:2015
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What our delegates say
Thank you for the opportunity for having attended Advanced Skills of the Bid and Tender Management Process from London Training for Excellence. It was a good experience as I find myself with added knowledge so as to contribute I a more quality manner to my com…
The course is very adaptable to everyday work and contributes to developing CSR framework in our own organisation. Very practical and useful.
The training provided by LondonTFE are very inspirational and thought provoking. The outlines are comprehensive and the method of teaching is mostly practice-oriented. The LondonTFE staff always been able to balance the composition of participants, which contr…
