Fast Close

Fast Close

4.11 - 1251 ratings - Source

Praise for Fast Close: A Guide to Closing the Books Quickly qSteve captures the essence of the problems affecting the financial close process within corporations of all sizes; from the period close of subledgers and general ledger through financial reporting, and the relationship and interdependencies of governance, people and technology. A must-read for the corporate controller.q a€”David Taylor, ACMA, MBA, VP Strategy, Trintech Inc. qFast Close: A Guide to Closing the Books Quickly, Second Edition is a must-read for today's busy controllers. Steven Bragg points out everything that can be done outside the close that you just never realized didn't actually have to be part of the month-end close process! Very commonsensical approach!q a€”Kathleen Schneibel, mba, cpa, Controller/CFO for Hire, KMAS Consulting LLC qA well-executed 'fast close' can bring many valuable benefits to any company, from improving organizational performance to transforming accounting executives from financial historians to trusted advisors. In Fast Close, Second Edition, Steve systematically breaks down the steps required to achieve a fast close in both public and private companies, providing financial executives with tips, checklists, and a cost-effective road map to implement fast close procedures in virtually any company.q a€”Matthew Posta, Esq., CPA, Vice President of Finance, Key Air, LLC FROM THE FIRST EDITION qThis is an outstanding book in which Steve reveals his secrets to a fast close. Having personally experienced his (one-day) fast close for years and enjoyed the beneficial impact on my company, I highly recommend this book for all financial officers who desire to have a large, favorable impact on their company.q a€”Richard V. Souders, President and CEO, Kaba Workforce SolutionsTo avoid this problem, consider including in the accounting procedures manual a clear definition of the calculation to be followed. A sample procedure is shown in Exhibit 8.3. By implementing a structured approach to the LCM calculation, it isanbsp;...

Title:Fast Close
Author:Steven M. Bragg
Publisher:John Wiley & Sons - 2009-03-16


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