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.
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
The Close Process � Big Picture
Transition to a Soft Close
Handling Resistance to Change
Aspiring leaders and leaders of teams and organizations
Prior management experience.