Training Course Overview

We are living in a world that is in a state of rapid change. After the global financial crisis of 2008 and various large corporate collapses the financial world is demanding good quality financial information delivered in a timely manner. Financial reporting is becoming ever more detailed and decision makers require this information more quickly than ever. Those companies that produce accurate financial information quickly will have a distinct advantage over their competitors in that the markets will have greater confidence not only in their financial reporting systems generally but also their general corporate governance. Quicker internal financial information also leads to the ability to make swifter management decisions which can be vital to businesses that operate in fast moving environments. As if these advantages are not enough producing the month end and financial information more quickly can save costs and frees up management and financial professionals time to concentrate on other value added activities for the organisation. 

Training Course Objectives

By attending this Anderson training course, delegates will be able to:

  • Examine fast close processes, strategies and best practices
  • Consider organisational documentation policies and procedures
  • Understand the importance of fast close process on financial & operational decision-making
  • Provide faster and more accurate data for monthly and year-end account closings
  • Understand the importance of departmental requirements for financial reporting

Designed For

This Anderson training course is suitable for:  

  • Any professional involved in the preparation of financial statements, including financial controllers, finance managers, senior accountants, management accountants, general ledger accountants and assistant accountants, and accounts receivable and accounts payable accountants and assistant accountants
  • Operational professionals acting upon the financial decisions of others, who will gain an appreciation of the fast close process
  • Financial systems analysts
  • Professionals who are held accountable for financial performance and the integrity of financial and information systems

Training Course Outline

Among a range of valuable topics the following will be given high priority:

  • Examining the pre-close and fast close processes
  • Identifying stakeholders and their requirements
  • Identifying potential roadblocks
  • Best practices in attaining fast close, soft close and virtual close
  • Optimising charts of accounts and journal entry requirements
  • Standardisation, customisation and centralisation
  • Project management and dealing with change
  • Monitoring performance using Key performance Indicators (KPIs)
  • Redesigning the closing cycle
  • Compliance with regulations and accounting standards

The Certificate

  • Anderson Certificate of Completion will be provided to delegates who attend and complete the course. 

© 2018. Material published by Anderson shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use,dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

Explore our Full Portfolio of Training Courses

Our portfolio of more than 200 training courses are currently designed to address the current training needs of our
clients incorporating latest trends and internationally accepted best practices, in each distinct subject area.

Send to Colleague

© 2018. Material published by ANDERSON shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.





Sending your message. Please wait...

Send Successfully

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

Print Page

© 2018. Material published by ANDERSON shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.





Sending your message. Please wait...

Close

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

Download PDF

© 2018. Material published by ANDERSON shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

Sending your message. Please wait...

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

We are Social

Join Anderson Training on social platforms

Tel: +971 4 365 8363
Fax: +971 4 360 4759
Email: info@anderson.ae
P.O Box 74589, Dubai, UAE
Tax Registration Number:

100296217100003

© 2018 Anderson Training - All rights reserved