- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
Praise for Fast Close: A Guide to Closing the Books Quickly
"Steve captures the essence of the problems affecting the financial close process within corporations of all sizes; from the period close of subledgers and general ledger through financial reporting, and the relationship and interdependencies of governance, people and technology. A must-read for the corporate controller."
—David Taylor, ACMA, MBA, VP Strategy, Trintech Inc.
" Fast Close: A Guide to Closing the Books Quickly, Second Edition is a must-read for today's busy controllers. Steven Bragg points out everything that can be done outside the close that you just never realized didn't actually have to be part of the month-end close process! Very commonsensical approach!"
—Kathleen Schneibel, mba, cpa, Controller/CFO for Hire, KMAS Consulting LLC
"A well-executed 'fast close' can bring many valuable benefits to any company, from improving organizational performance to transforming accounting executives from financial historians to trusted advisors. In Fast Close, Second Edition, Steve systematically breaks down the steps required to achieve a fast close in both public and private companies, providing financial executives with tips, checklists, and a cost-effective road map to implement fast close procedures in virtually any company."
—Matthew Posta, Esq., CPA, Vice President of Finance, Key Air, LLC
FROM THE FIRST EDITION
"This is an outstanding book in which Steve reveals his secrets to a fast close. Having personally experienced his (one-day) fast close for years and enjoyed the beneficial impact on my company, I highly recommend this book for all financial officers who desire to have a large, favorable impact on their company."
—Richard V. Souders, President and CEO, Kaba Workforce Solutions
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Information
Table of contents
- Title Page
- Copyright Page
- Dedication
- About the Author
- Also:
- Preface
- Chapter 1 - Introduction
- Chapter 2 - Your Current Closing Process
- Chapter 3 - Conducting a Review of the Closing Process
- Chapter 4 - Alter the Timing of Closing Activities
- Chapter 5 - Revise the Contents of the Financial Statements
- Chapter 6 - Optimize the Use of Journal Entries and Chart of Accounts
- Chapter 7 - Standardization and Centralization
- Chapter 8 - Closing the Inventory Function
- Chapter 9 - Closing the Billing Function
- Chapter 10 - Closing the Payroll Function
- Chapter 11 - Closing the Payables
- Chapter 12 - Closing the Cash Processing Function
- Chapter 13 - Impact of Automation on the Closing Process
- Chapter 14 - Closing the Books of a Public Company
- Chapter 15 - Controls for Financial Reporting
- Chapter 16 - Ongoing Improvements in the Closing Process
- Appendix A - Comprehensive Closing Checklist
- Appendix B - Fast Close Policies and Procedures
- Appendix C - Soft Close Checklist
- Appendix D - Year-End Close Checklist
- Index