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Author: |
Blair Cook, CPA, CA (Canada), MBA |
Course Length: |
Pages: 7 ||| Review Questions: 3 ||| Final Exam Questions: 5 |
CPE Credits: |
1.0 |
IRS Credits: |
0 |
Price: |
$14.95 |
Passing Score: |
70% |
Course Type: |
Video - Text |
Technical Designation: |
Technical |
Field Of Study: |
Accounting |
Approved Audience: |
NASBA QAS - NASBA Registry |
Key Takeaways: |
This video course explores ideas for shortening the financial close process to meet stakeholder expectations for near real time reporting.
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Frequently Asked Questions: |
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Description: |
The pressure on the finance function has never been higher to deliver financial results as soon as possible after the period. Managers, analysts, Boards, and investors are digesting market information in real time and are beginning to expect the same of financial results. To meet these high expectations, the CFO and controller need to find ways to speed up their financial close processes to report the financial results before they become perceived as old news in the new world. In this course, Blair Cook, a many-time CFO, will explore ideas for shortening the financial close process. Leading companies have found ways to close their books in as little as one day and see the benefit of almost real-time analysis (in addition to the actual period financial data) that can be performed with a shorter close. |
Usage Rank: |
37500 |
Release: |
2016 |
Version: |
1.0 |
Prerequisites: |
An understanding of accounting. |
Experience Level: |
Overview |
Additional Contents: |
Complete, no additional material needed. |
Additional Links: |
External: Best Practices for a Quicker Financial Close Video NASBA Registry
Internal: Best Practices for a Quicker Financial Close (Video)
Internal: FASB CPE Courses
External: Financial Accounting Standards Board (FASB)
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Advance Preparation: |
None. |
Delivery Method: |
QAS Self Study |
Intended Participants: |
Anyone needing Continuing Professional Education (CPE). |
Revision Date: |
12-Mar-2026 |
NASBA Course Declaration: |
Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Keywords: |
Best Practices for a Quicker Financial Close (Video) - CPE course for CPAs |
Learning Objectives: |
Course Learning Objectives
• Develop strategies for speeding up the financial close process. • Develop a plan for implementing improvements to the financial close process using change management principles. |
Course Contents: |
Chapter 1 - Best Practices for a Quicker Financial Close Chapter 1 Review Questions Glossary of Terminology |
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