Total Credits: 4 including 4 Accounting - Technical
Surveys show that the average North American company completes their monthly financial statement closing in five days. However, some companies are able to 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 webcast will focus on the key aspects of every close and provide participants with methods to prepare better quality financial information more cheaply and in less time.
*Gain insight into how to do a month-end closing faster, better and more cheaply
*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
|Shorten_Month_End_Slides (0.56 MB)||Available after Purchase|
|Shorten_Month_End_Q&A (19.7 KB)||Available after Purchase|
|Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (0.47 MB)||Available after Purchase|
John L. Daly, MBA, CPA, CMA, CPIM, is a Chelsea, Michigan-based management consultant specializing in costing, pricing strategy and pricing model development. He has taught continuing professional education courses since 1995 and began doing ethics seminars two weeks before the Enron scandal. John has been CFO for a Tier 1 automotive parts supplier and a large restaurant chain and COO for a window treatments manufacturer and retailer. He is the author of "Pricing for Profitability", published by Wiley and Sons.
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
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