Course Description

Month and year-end closings are the ultimate processes of finance where the efforts spent during the period materialize 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, organizations 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.

What you'll learn in this course?

• Describe the different types of closing and list the main activities in the closing cycle

• Utilize 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