CPE Course Shorten Month-End: Closing Best Practices

May 26, 2021

12:45pm — 4:30pm


Member Price $129.50Register after May 5 and pay $139.50
Non-member Price $179.50Register after May 5 and pay $189.50

Curriculum Accounting & Audit

Field of Interest Accounting (General), Industry

Level Intermediate

Designed For

Corporate financial managers


Surveys show that the average North American company completes its monthly financial statement closing in six days. However, some companies can close their books in one day or less. You don’t have to sacrifice accuracy for speed. This session will show you how to close month-end faster, better and cheaper.


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.


John L. Daly MBA, CPA, CMA,

John L. Daly, MBA, CPA, CMA, CPIM, is a Chelsea, Michigan based management consultant specializing in pricing strategy, strategic planning, and buisness turnarounds. He has taught continuing professional education courses since 1995. Earlier in his career, Mr. Daly was Chief Financial Officer for a medium-sized Tier 1 automotive parts supplier. He has also been CFO for a large restaurant chain and COO for a manufacturer of window treatements. He began his career with five years working for the management consulting divisions of two large accoiunting firms. Mr. Daly is the author of Pricing for Profitability: Activity-Based Pricing for Competitive Advantage published by John C. Wiley & Sons, New York.close


Participants should have at least six months of industry or public experience and a thorough knowledge of financial accounting principles and practices. Management experience will be helpful.


Executive Education, Inc.

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