Faster Financial Closing

Improving financial reporting timescales without compromising data quality.

What will I get out of it ?
• understanding of how you can significantly improve the reporting timetable whilst maintaining the quality of information being provided
• appreciation of the process, technology and cultural issues which need to be addressed during a project to reduce closing cycle times
• understanding of the benefits to be gained by reducing reporting timescales
• insight, through case studies, into how leading organisations have radically re-engineered their closing process.

Key features
• why is faster financial closing needed?
• what makes financial closing complex?
• why do ‘quick fix’ solutions rarely work?
• current best practice
• benefits of faster financial closing
• project management, design and timing
• people and change management issues
• software for improved financial closing
• process redesign.

Who should attend ?
Financial managers responsible for the closing process and those responsible for identifying and exploiting e-business opportunities within the finance function.

This course is held by CIMA Mastercourses
and endorsed by ACCA.