Faster financial closing

Reed Learning
London, United Kingdom

Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced

Course Description:

'' Financial managers responsible for the closing process in their organisations and/or those with responsibility for identifying and exploiting e-business opportunities within the finance function. The course is of particular relevance to delegates from larger organisations or those companies whose closing processes are time consuming and/or inefficient .

Course Overview
Why is faster financial closing needed? Current and future trends in reporting

What makes financial closing complex?

Technical and accounting issues
Information collection, transfer and manipulation
Business organisation
Cultural issues within the organisation

Why do ’quick fix’ solutions rarely work?

Six common misconceptions


What is current ’best practice’?

Quantitative measures
Qualitative measures


The benefits of faster closing

Cost savings
Improved business support
Enhanced image for the finance function
Illustrated with a case study

More radical approaches to improved financial closing - Soft Closing and the virtual close

Illustrated with case study

Project management, design and timing

Successful project management


People and change management issues

Developing a case for change
Leading a change process
Managing resistance to change


Software for improved financial closing

How technology can contribute to improved financial closing
Technology choices
How to make the right software choice

Process redesign

An introduction to process redesign
How to re-engineer the closing process - key issues
Process re-engineering - core re-engineering techniques
Practical tips and guidance


Conclusions, agenda recap and wrap up



6 CPD hours (for non-CIMA members)

THIS COURSE IS RUN BY CIMA MASTERCOURSES

What do I get out of it?
- An understanding of how you can significantly improve the reporting timetable within your organisation whilst maintaining the quality of information being provided. The seminar will demonstrate that gathering accurate financial and management information need not take a long time but can be done quickly and efficiently.

- An appreciation of the process, technology and cultural change issues which will have to be addressed during a project to reduce closing cycle times.

- An indication of the benefits which can be realised by those organisations that have managed to reduce appreciably their reporting timescales.

- An insight - through case studies - into how leading organisations have radically re-engineered their closing process.
...''

Phone:0800 132 448

School Address:

9 Kingsway, London, WC2B 6XF UK

Jobs & Resumes: London
Houses & Roommates: London

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