Description
The quality of the production of financial statements is judged mainly on two criteria: reliability and speed. To achieve successful closings while complying with these two requirements, it is important to implement optimized organization and procedures. This training helps you build the best organization and implement best practices to reduce accounting production times while guaranteeing reliable accounting production.
Who is this training for ?
For whom ?
Chief accountant, accounting or financial manager in charge of closing the annual accounts.
Prerequisites
None.
Training objectives
Training program
- Organize the closing process
- Diagnose your account closing situation.
- Organize the closing process: the process approach.
- Break the closing into key stages: upstream accounting input; validation of accounts (final balance); production of financial statements; validation of financial statements.
- Plan tasks.
- 4 Step 1: secure and organize accounting processes Build your map of accounting processes.
- Analyze processes: risks, areas of uncertainty, points of improvement to be implemented.
- Identify best organizational practices.
- Implement relevant indicators per process.
- Step 2: validate the accounts resulting from upstream processes Structure the accounting control process. Define accounting quality criteria: assertions.
- Build a process control program: supplier purchasing process; investment process.
- Establish a work file.
- Step 3: produce the accounts Secure centralization. Organize the feedback of information for the annex. Step 4: validate the accounts Integrate the audit from the preparatory phase.
- Prepare closing files.
- Optimize the effectiveness of audits.
- Use the best tools to manage the closing process
- Use the closing schedule.
- Organize a meeting to prepare for the closing.
- Integrate the principle of relative importance.
- Use a dashboard.
