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Fast Closing Month-end & Year-end Accounts


Location Start date End date Fees Inquire Register
Dubai 13.05.2024 17.05.2024 4,300 $ Inquire now Register
Cairo 10.06.2024 14.06.2024 4,100 $ Inquire now Register
Dubai 10.06.2024 14.06.2024 4,300 $ Inquire now Register
Dubai 08.07.2024 12.07.2024 4,300 $ Inquire now Register
Vienna 15.07.2024 19.07.2024 6,100 $ Inquire now Register
Dubai 15.07.2024 19.07.2024 4,300 $ Inquire now Register
London 15.07.2024 19.07.2024 6,100 $ Inquire now Register
Bahrain 02.09.2024 06.09.2024 5,000 $ Inquire now Register
Dubai 02.09.2024 06.09.2024 4,300 $ Inquire now Register

Overview

This program provides an in-depth overview of the “Fast Close” process, which is the ability of a modern, global organization to rapidly close the accounting books, collect, consolidate and, then, publish its financial statements. This process is widely viewed not only as an indicator of management’s abilities to execute its strategic plan in light of the availability of fast, reliable financial information, but also a proxy for good, well-implemented corporate governance. This program will also review the mounting concerns and evidence that the “Fast Close” process, after a long period of sustained improvement, is now in a period of decline, due in large part to the impact of compliance, new accounting and reporting standards and the sheer increase in the volume and complexity of financial information that needs to be consolidated and reviewed.

Objectives

  • Understand the importance of the fast close process on financial and operational decision-making within an organization
  • Examine fast close processes, strategies and best practices as well as consideration of organizational documentation policies and procedures
  • Understand the importance of departmental requirements for financial reporting as well as the need for on-going improvements to the closing process
  • Provide faster and more accurate data for monthly and year-end account closings with the goal of enhancing communication with internal and external financial statement users