CPE Course Shorten Month-End: Closing Best Practices

June 10, 2019

12:45pm — 4:30pm

Location Manchester

Member Price $129.50Register after May 20 and pay $139.50
Non-member Price $179.50Register after May 20 and pay $189.50

Curriculum Accounting & Audit

Field of Interest Accounting (General), Industry

Level Intermediate

Designed For

Corporate financial managers

Objective

Surveys show that the average North American company completes their monthly financial statement closing in five days. However, some companies can close their books in one day or less. Many financial managers who feel pressured to shorten financial statement preparation time struggle with the balance between accuracy and speed.
This seminar will focus on the key aspects of every close and provide attendees with methods to prepare better quality financial information more cheaply and in less time.

Highlights

Topics Discussed Include:

  • Trends in financial statement closings including the Quick Close, Soft Close and Virtual Close
  • Review and discuss information systems’ headaches that slow you down
  • Work through examples of close cycle “time killers” and how to resolve them
  • Get inventory and cost of sales under control
  • Identify the improvement projects that will yield the biggest benefit
  • Review what leading edge finance managers are doing to close more quickly

Cases and Group Discussion
This seminar will use hands-on exercises and provide opportunities for group discussion of the issues relating to performing a quick financial statement closing.

Instructors

Don Minges, MBA

Don Minges is a fractional CFO who worked in diverse industries at various development stages. His expertise is in profitability enhancement, strategic planning, venture capital, mergers & acquisitions, consulting, turnarounds, economic forecasting, cost accounting and financial analysis. Don has experience raising equity for several growing firms and has invested equity capital into promising businesses. He has served on the Board of Directors of many firms. He graduated with highest honors from the Fuqua School of Business at Duke.close

Prerequisites

None

Developer

Executive Education, Inc.

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