Shorten Month-End: Closing Best Practices Webinar
9:00 a.m. - 1:00 p.m.
PICPA Member: $139 | Nonmember: $189
Some month-end closing experience is helpful
This webinar is hosted by PICPA's partner, CPA Crossings, LLC. After registering, you will receive an email from firstname.lastname@example.org with the log-in information.
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.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.Learning Objectives:
Gain ideas that will help your organization perform it's month-end closing faster, better and cheaper.
- 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
John L. Daly, CPA, CMA, CPIM
Executive Education/Chelsea, Michigan
John Daly holds a BS from Denison University in Granville, Ohio and an MBA from the University of Michigan. He spent five years in Management Consulting with two national accounting and consulting firms before becoming Controller and then Vice President of Finance of an original equipment automotive parts manufacturer that saw six fold sales growth during his ten-year tenure. He has also been Chief Financial Officer of several other manufacturing companies and a large restaurant chain. He is the author of Pricing for Profitability: Activity-Based Pricing for Competitive Advantage published by John C. Wiley & Sons, and various professional articles.
Mr. Daly currently has a management consulting practice that specializes in early-stage turnarounds and pricing strategy. He also performs interim CFO engagements and sits on the boards of several for-profit and not-for-profit organizations.
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