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Controller Series: Best Practices: The Soft Close

Description

We have transitioned from a hard and slow close to a soft and fast close. However, accountants may still struggle with the balance between information accuracy and availability. To be successful, accountants must provide quicker information availability to impact organization results. Simply reporting on results is no longer acceptable. In this course, you will learn how to shift your processes for the close in a way that minimizes errors and extra work while increasing the satisfaction of your stakeholders.

Learning Objectives

Identify top roadblocks to adopting a fast close
Identify software that makes the close process efficient and more streamlined
Identify the real purpose for financial reporting
Select the procedures that can be automated to mitigate human error
Determine the tradeoff between internal controls and fast close processes
Identify the necessary steps to transform the close process

Major Topics

The Close Process � Big Picture
Process Improvement
Transition to a Soft Close
Best Practices
Handling Resistance to Change

Provider
AICPA
Course Level
Intermediate
Professional Area of Focus
BLI Leadership
CPE Field of Study
Business Management & Organization
1
Who Should Attend

Aspiring leaders and leaders of teams and organizations

Instructor(s)
Jim Lindell
Prerequisites

Prior management experience.

Advanced Preparation

None

Location
Online – AICPA Platform
Event Information
When
Jun 8, 2022
10:00 am - 11:00 am EDT
Location
Online – AICPA Platform
Total CPE Credits
1
Format
Webcast Replay

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Controller Series: Best Practices: The Soft Close


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