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10 December 2019

Faster financial closing

Category: MASTER COURSE

Learn how considerable cost savings are available to organisations which use faster financial closing to eliminate inefficiencies in financial reporting at period ends.

Many companies continue to devote an excessive amount of time and effort to financial reporting at period ends. Considerable cost savings are available to organisations that eliminate inefficiencies in the closing process.

More importantly perhaps, eliminating inefficiencies in the closing process can release time and resources within the finance function - time which can and should be spent more productively on value-adding activities.

Who should attend?

  • Financial managers, accountants and controllers responsible for the closing process in their organisation
  • Those with responsibility for identifying and exploiting e-business opportunities within the finance function.

The course is of particular relevance to delegates from larger organisations or those companies whose closing processes are time consuming and/or inefficient.

What you will gain

  • An understanding of how you can significantly improve the reporting timetable in your organisation while maintaining the quality of information being provided.
  • An appreciation of the process, technology and cultural change issues which will have to be addressed.
  • An indication of the benefits which can be realised by those organisations that have managed to reduce appreciably their reporting timescales.
  • An insight, through case studies, into how leading organisations have radically re-engineered their closing process.

Programme outline

  • Why is faster financial closing needed? Current and future trends in reporting
  • What makes financial closing complex?
  • Why do quick fix solutions rarely work?
  • What is current best practice?
  • The benefits of faster financial closing
  • How to improve the closing process in your organisation - an overview of project management, design and timing
  • Process redesign
  • Software for improved financial closing
  • People and change management issues

The course starts at 9.30am. Lunch and refreshments are included.
6 CPD hours (where applicable). 

CIMA work in partnership with BPP Professional Education to offer CPD training courses

Booking Information

Date Location Price
10 December 2019 - 09:30 London Price: GBP 634.00
Member price: £571. Plus VAT on all prices.

Faster financial closing

CIMA members and students should log in to MY CIMA before booking to receive the appropriate discount.

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In-house training 
We can develop tailored training programmes to enhance the finance and business skills of staff across your organisation. To discuss how we can meet your learning and development needs please email us.

Find out more 
If you have any queries please email cima@bpp.com or phone us on: +44 (0)3300 603400.

The venue for this course will be confirmed 14 days before the scheduled date. 

CIMA work in partnership with BPP Professional Education to offer CPD training courses.  

This course will be delivered by BPP Professional Education Limited (“BPP”).  Accordingly, when you sign up for this course, CIMA will pass on the contact details you have provided to BPP so that they can contact you to complete your booking and process payment.  BPP will process any personal information it collects about you in accordance with its privacy policy, which is available at: http://www.bpp.com/professional-education/privacy

The information provided to BPP will not be used by BPP for marketing purposes.

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