Course Methodology
This course focuses on exercises, case studies, and individual and group presentations based on the issues and challenges facing the participants.
Course Objectives
By the end of the course, participants will be able to:
- 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
- Practice using process maps to identify closing inefficiencies and present improvement recommendations
- Apply best practices and enhance the monthly closing procedures
Target Audience
Accountants, finance managers, financial controllers, management accountants, general ledger accountants, accounts receivable and accounts payable accountants, senior accountants and assistant accountants.
Target Competencies
- Process analysis
- Closing procedures
- Analytical skills
- Process mapping
- Applying month-end and year-end closing best practices
