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Courses/Accounting & Tax/NASBA - Accounting

Best Practices for a Quicker Financial Close

Learn how top performing companies close their books each month in less than five days.

Created byBlair Cook Jennifer Nicholsonworkspace_premium
IntermediateUpdated Mar 16, 2022
Best Practices for a Quicker Financial Close

What You'll Learn

check_circleIdentify factors that slow down the financial close process
check_circleDevelop strategies for speeding up the financial close process
check_circleDevelop a plan for making the fast close happen using change management principles

About This Course

The pressure on the finance function has never been higher to deliver financial results as soon as possible after the period. Managers, analysts, Boards, and investors are digesting market information in real time and are beginning to expect the same of financial results. To meet these high expectations, the CFO and controller need to find ways to speed up their financial close processes to report the financial results before they become perceived as old news in the new world. In this course, Blair Cook, a many-time CFO, will explore ideas for shortening the financial close process. Leading companies have found ways to close their books in as little as one day and see the benefit of almost real-time analysis (in addition to the actual period financial data) that can be performed with a shorter close.

Field of Study: Accounting

Your Instructor

Blair Cook Jennifer Nicholson
Blair Cook Jennifer Nicholson

CPA, CA Leadership

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Blair is a seven-time CFO, a director, and an educator at Executive Finance Partners - a professional development and executive coaching firm for financial professionals and executives. He also serves as a corporate director and audit committee chair of publicly listed companies: Terravest Industries and Clarke Inc. He is also the Board Treasurer of the Devour Food & Film Festival and serves on various committees of CPA Nova Scotia. Blair is the author of The Illiterate Executive: An Executive’s Handbook for Mastering Financial Acumen.

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