- Payment Terms: Enquire
- Locations: London United Kingdom
- Duration / Course length: 5 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
Overview
Month 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.
Objective
By the end of the courseparticipants 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
Accountants
Bankers
CEOs
CFOs
Business and finance managers
Other managers and supervisors
Course Outlines
Challenges to fast closing monthly and year end accounts
Critical role of the finance function
The finance function as Trojan horse
Redefining the close cycle and redesigning the finance function
Improving the finance process
Implementing a process improvement project
Applying an enhanced operating cycle
Redefining the role of the finance manager
Job roles this course is suitable for:
Accountants , Bankers , CEOs , CFOs , Business , finance managerCourse Location
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