Content Provider
Doxeyinc logo
Sponsored by
Veem primary logo
Handout Materials
Presentation Slides
Additional Materials
Fiscal Close Metrics
Monthly Close Checklist
Roles and Responsibilities
Webinar FAQs
Improveyourfiscal doxeyinc

10 BEST PRACTICES TO IMPROVE YOUR FISCAL CLOSING PROCESS

Cost Free
Presentation Length 1.0 hour

Recorded DateAugust 22, 2019
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAccounting
Course LevelBasic
Course Description

Timely, accurate, and consistent data is always of critical importance and operational and strategic decisions are based upon it and precise planning depends upon it. Statutory, regulatory, and compliance requirements add yet another layer of complexity. Global organizations are required to support reporting with multiple accounting standards, and new legislation requires new systems and processes. The information age has created a class of investors and shareholders who expect fast and easy access to the data created by current business activities.
 
This session will present both strategic and tactical suggestions that can help dramatically improve your fiscal closing process. The instructor will provide best practice solutions to prevent getting overloaded by an overabundance of internal controls and suggested metrics. Regardless of company size or complexity, all successful financial close processes require continuous communication, comprehensive documentation and a flexible, responsive organization.

Learning Objectives

  • Defining the Fiscal Closing Process Flow.

  • Identifying KPIs for the Closing Process.

  • Determining the Bottlenecks within Your Fiscal Close Process.

  • 10 Best Practices to Improve Your Fiscal Closing Process.

  • Developing a Fiscal Close Scorecard.

  • Defining a Benchmarking Approach.

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin
Doxeyinc logo

Chris held senior finance and controller positions at Digital Equipment Corporation, Compaq, and Hewlett Packard, which allowed her to develop and implement internal control and leading practices for all aspects of financial operations. She was recruited to lead WorldCom (MCI) to implement internal rules, policies, and corporate governance processes. She fine-tuned her consulting experience in the Procure to Pay (P2P) area at APEX Analytix and BSI Healthcare.

As President of Doxey Inc., Chris uses her experience to provide best practice solutions to her clients for the P2P process and financial operations.

She holds a bachelor's degree in English, a bachelor's in accounting, a master's in business administration, and has a graduate certificate in project management.  She is a Certified Accounts Payable Professional (CAPP) and holds a Certification in Controls Self-Assessment (CCSA). Chris is also a Certified Internal Controls Auditor (CICA) and a Certified Professional Controller (CPC).

About Our Sponsor

Veem primary logo
Veem is the global payments network built for business. Trusted by over 225,000 businesses around the world, Veem provides simple, secure, and trackable payments to over 100 countries. Our mission is to help businesses build and strengthen their relationships with suppliers and partners all over the world. Through seamless integrations with popular business applications, Veem provides a truly revolutionary payment experience.

Recognized by leading business and finance influencers, Veem has received awards including the Xero Emerging App Partner of the Year and the Benzinga Fintech Award. Veem was also a finalist in the Intuit Quickbooks App Showdown and has earned mentions in the CNBC UpStart 100 and Forbes Fintech 50.