Speed Up the Monthly Accounting Close Process

Course details

In sports, the manager knows the score right at the moment and can make adjustments on the spot. Yet in business, we can be well into a month before we know how last month went. In finance, we can feel like we move from one month close to the next, with little time in-between to analyze and improve results. Fortunately, that can change with leadership and knowledge.

In this course you learn how to approach your closing process differently and come up with a number of ways you might speed up your process. Learn how to prepare ahead for the month's end, along with techniques to make sure your numbers are more accurate, while coming out even faster. Less time closing means more time for strategic, value-add opportunities to advance your company and your career. This course walks you through a real-world example at a pharmaceutical firm that transformed its operations to report numbers the first morning after month-end after previously being many weeks behind in their financials.