Accelerate and Optimize Financial Close and Spreadsheet Controls

EVENT DESCRIPTION

Winter seminar sale! Receive 30% off our March seminars.

SCHEDULE

This course has shifted online into two, half-day sessions.

A common challenge in business is the perception that the financial close process is lengthy, inefficient and cumbersome. Finding additional time saving at month-, quarter- and year-end is critical during these challenging times of increasing complexity in financial reporting, and accelerated reporting and regulatory obligations.

Participants in this seminar will gain a practical understanding of best practices in the financial close processes and learn how to accelerate the financial close process and enhance controls. You will focus on Spreadsheet Controls, which make the whole process of using spreadsheets more effective and efficient and show how to redesign and enhance spreadsheets to reduce the likelihood of error and facilitate the use of spreadsheets as analytical tools.

TOPICS INCLUDE:

• How to accelerate the close process and allow more time for management review and analysis
• How to strike a right balance between speed and accuracy without compromising controls
• Financial close best practices and robust controls
• How to create a roadmap to accelerate the close process and enhance related controls
• Spreadsheet risks and controls
• Spreadsheet Control policy
• How to redesign spreadsheets to reduce likelihood of error and facilitate the use of spreadsheets as powerful analytical tools

WHO WILL BENEFIT:

CFOs, controllers and accounting managers who wish to strike the right balance between speed and accuracy for the financial close process, without compromising the internal control environment, and improve controls over the use of financial spreadsheets.

PRICING

Status: Registration closed on Mar 15, 2023

LOCATION

Online

SPEAKER(S) BIO

Massood Oroomchi is a Fellow of the Institute of Chartered Accountants of England and Wales, and a past-member of the Accounting Standards Oversight Council of CPA Canada. As a founding member of FinEx Group, he specializes in design and implementation of internal control systems including COSO 2013, best practices for corporate governance, enterprise-wide risk assessment, and finance process optimization including accelerated close and spreadsheet controls. He has developed a comprehensive top-down, risk-based Internal Control Program that could easily be customized to any size of firm whether publicly traded, private, pre-IPO, government or not-for-profit organizations.