VIRTUAL ONLY: Shorten Month-End: Closing Best Practices

Description

Surveys show that the average North American company completes their monthly financial statement closing in five days. Some companies are able to close their books in one day or less. Yet, many financial managers who are pressured to shorten financial statement preparation time, still struggle with the balance between accuracy and speed. This seminar will focus on three key aspects of every close and provide attendees with methods to prepare better quality financial information more cheaply and in less time.

Highlights

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

Objectives

To provide participants insight to complete their month-end financial statement closing faster, more cheaply and with better quality.

Designed For

Corporate Financial Managers



Leaders

Don Minges

Don Minges, MBA, is a fractional CFO who works in diverse industries at various stages. His expertise is in profitability enhancement, strategic planning, venture capital, mergers & acquisitions, consulting, turnarounds, economic forecasting, cost accounting and financial analysis. Don has experience raising equity and has invested equity into promising businesses. He has served on the Board of Directors for several firms. Don graduated with highest honors from the Fuqua School of Business at Duke. Don’s mission is to increase the value of the business.