Shorten Month End: Closing Best Practices

Description

Surveys show that the average North American company completes its monthly financial statement closing in six days.However, some companies can close their books in one day or less.You don’t have to sacrifice accuracy for speed.This session will show you how to close month-end faster, better, and cheaper.

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

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.