PLEASE NOTE - This is a full day course broken into two afternoon sessions (Part 1 and 2).
(Full title: Accelerate and Optimize Financial Close and Spreadsheet Controls) A common challenge in business is the perception that the financial close process is lengthy, inefficient and cumbersome. Finding additional time saving at month-, quarter- and year-end is critical during these challenging times of increasing complexity in financial reporting, and accelerated reporting and regulatory obligations. Participants in this seminar will gain a practical understanding of best practices in the financial close processes and learn how to accelerate the financial close process and enhance controls. We will focus on Spreadsheet Controls, which make the whole process of using spreadsheets more effective and efficient and show how to redesign and enhance spreadsheets to reduce the likelihood of error and facilitate the use of spreadsheets as analytical and acceleration tools.
This course applies to all forms and sizes of entities whether publicly traded, private, pre-IPO, government or not-for-profit organizations.
How to accelerate the close process and allow more time for management review and analysis
How to strike a right balance between speed and accuracy without compromising controls
Financial close best practices and robust controls
How to create a roadmap to accelerate the close process and enhance related controls
Spreadsheet risks and controls
Spreadsheet Control policy
How to redesign spreadsheets to reduce likelihood of error and facilitate the use of spreadsheets as powerful analytical tools
CFOs, controllers and accounting managers who wish to strike the right balance between speed and accuracy for the financial close process, without compromising the internal control environment, and improve controls over the use of financial spreadsheets.
Massood Oroomchi FCA (UK), BSc.
Time: 1:00 pm - 4:30 pm
½ Passport Day - 3.5 CPD Hours