Fast Closing Month-End & Year-End Accounts هذه الدورة تدرس باللغة الإنجليزية

تفاصيل الدورة

This finance & accounting training course provides an in-depth overview of the 'Fast Close' process, which is the ability of a modern, global organization to rapidly close the accounting books, collect, consolidate and, then publish its financial statements.

The ability of a company to produce its financial statements quicker has a variety of benefits such as being able to meet strict stock exchange regulations, being able to produce more timely information for strategic decisions, reducing costs, giving more time for review of the financial statements before they are published to reduce errors or strategic information being made available to competitors. This process is an indicator of management's ability to execute its strategic plan in light of the availability of fast, reliable financial information, and also a proxy for good, well-implemented corporate governance.

This AZTech training course will feature:

• The different types of fast close and benefits
• The development of the fast close process and identifying roadblocks
• Change management and technological issues of a  fast close
• Measuring and benchmarking the fast close process
• Financial reporting issues including converting to IFRS and disclosure requirements

 
What are the Goals?

By the end of this AZTech training course, participants will be able to:

• Examine fast close processes, strategies and best practices
• Consider organizational documentation policies and procedures
• Understand the importance of fast close process on financial & operational decision-making
• Provide faster and more accurate data for monthly and year-end account closings
• Understand the importance of departmental requirements for financial reporting

تحديث بتاريخ 09 January, 2020