Shorten Month End: Closing Best Practices 26-27

Surveys show that the average North American company completes its monthly financial statement closing in six days. However, some companies can clo...

12/30/2026 10:00am - 1:30pm  |  Online  |  CalCPA

Members: $99.00, Non-members: $129.00

CPE Categories: Accounting (4 CPE)

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Description

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.

Target Audience

Corporate financial managers

Course Objectives

• Recognize rends in financial statement closings including the Quick Close, Soft Close and Virtual Close • Identify the improvement projects that will yield the biggest benefit • Determine what leading edge finance managers are doing to close more quickly

Subjects

• 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

Advanced Preparation

Participants should have at least six months of industry or public experience and a thorough knowledge of financial accounting principles and practices. Management experience will be helpful.