Regardless of company size or complexity, all successful financial close processes require continuous communication, comprehensive documentation and a flexible, responsive organization. The degree to which recommendations are implemented will vary based on company size, type of industry, availability of resources, maturity, and management commitment. This webinar will present both strategic and tactical suggestions that can help dramatically improve the fiscal closing process for your accounts payable department.
This webinar will illustrate a ten-step R2R checklist regarding policies and procedures, accrued expenses, internal controls, reconciling accounts, reporting variances and more.
Why Should You Attend:
Statutory, regulatory, and compliance requirements can add another layer of complexity during the fiscal year end close. Global organizations are required to support reporting with multiple accounting standards, and new legislation requires new systems and processes. Today’s information age has created a class of investors and shareholders who expect fast and easy access to the data created by current business activities which places the focus on all financial reporting and corporate transaction organizations such as accounts payable.This webinar will illustrate a ten-step R2R checklist regarding policies and procedures, accrued expenses, internal controls, reconciling accounts, reporting variances and more.
Areas Covered in the Webinar:
- Introductions
- Your Ten Step Checklist
- Policies and Procedures
- Accrued Expenses
- Properly Recognizing Expenses
- Roles and Responsibilities During the Financial Close
- The Review Process
- Internal Controls
- Reconciling Accounts
- Reporting Variances
- Journal Entries
- Financial Close Metrics
Who Will Benefit:
- Financial Officers
- Controllers
- Accounts Payable Executives
- Shared Service Center Executives
- Internal Auditors
Course Provider
Chris Doxey,
