The Financial Close: Optimizing Performance and Driving Financial Excellence
“Financial close” is a company’s ability to complete accounting cycles and produce financial statements for internal management and external legal reporting@and

financial objectives examples  you map your existing financial close process, including key dates and durations, to identify your critical path and the challenges. For example, you could look at the time it takes to submit packages from reporting units, the time to complete the consolidation process, and the time to announce the final consolidated figures. Senior sponsorship on project objectives and the resources required to achieve them are key to success. The second stage is the implementation of your quick wins. These serve to

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