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The Fast Route to a Faster Financial Close

person icon Blair Cook

4.6

The Fast Route to a Faster Financial Close

This course explores ideas for shortening the financial close process

updated on icon Updated on Apr, 2024

language icon Language - English

person icon Blair Cook

category icon Finance And Accounting,Finance Modelling & analysis,Financial Analysis

Lectures -9

Resources -3

Duration -49 mins

4.6

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Course Description

The pressure on the finance function has never been higher to deliver financial results as soon as possible after the period.  Managers, analysts, boards, and investors are digesting market information in real time and are beginning to expect the same of financial results. To meet these high expectations, the CFO and controller need to find ways to speed up their financial close processes to report the financial results before they become perceived as old news in the new world.

In this course Blair Cook, a many-time CFO, explores ideas for shortening the financial close process. Leading companies have found ways to close their books in as little as one day and see the benefit of almost real-time analysis (in addition to the actual period financial data) that can be performed with a shorter close.

Who this course is for:

  • Anyone in Accounting or Finance or related fields.

Goals

What will you learn in this course:

  • Identify factors that slow down the financial close process.
  • Discover how to develop strategies for speeding up the financial close process.
  • Discover how to develop a plan for implementing improvements to the financial close process using change management principles.

Prerequisites

What are the prerequisites for this course?

  • An understanding of accounting, Exposure to the financial close process.
The Fast Route to a Faster Financial Close

Curriculum

Check out the detailed breakdown of what’s inside the course

Introduction
5 Lectures
  • play icon Introduction to A Quicker Financial Close 05:16 05:16
  • play icon Bottlenecks in The Close Process 04:57 04:57
  • play icon Ideas For Achieving The Fast Close 17:58 17:58
  • play icon Making it Happen 18:03 18:03
  • play icon Conclusions 03:42 03:42
Supporting Materials
3 Lectures
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Instructor Details

Blair Cook

Blair Cook

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