Name: Fast Close Implementation Training Course
Rating: 4.7 (1076 reviews)

We regret to inform you that there are currently no scheduled sessions for this course, so please let us know your preferred date and location and we will contact you soon.

Course Introduction

Are your period-end accounting close procedures adequate and up-to-date? They probably are not. To address this issue the importance of Fast Close initiatives has become abundantly clear as increasing numbers of global organisations implement various Fast Close, or R2R (Record to Report) strategies and processes.

As the amount of financial data we are required to process has continued to increase day-by-day the speed with which we carry out the period-end accounts closing process has become a powerful KPI of management performance, and good corporate governance.

This COPEX online course provides a comprehensive analysis of Fast Close strategies, processes and best practice. Implementation of Fast Close usually requires varying levels of organisational, structural and procedural changes. This course will consider aspects of change management relevant to Fast Close and also how the uses of technology may support organisational and system re-design for improved reporting.

Objectives

By the end of this COPEX online training course you will be able to:

Evaluate fast close strategies, processes, and best practice
Appreciate the need for change management and the technological issues of a fast close
Measure and benchmark the fast close process
Consider organisational documentation policies and procedures
Understand the importance of departmental requirements for financial reporting

Who Should Attend?

This COPEX online training course is suitable for a wide range of professionals but will greatly benefit:

All accounting professionals involved in the preparation of financial statements
Financial controllers, finance managers, financial systems analysts, senior accountants, financial accountants, management accountants, general ledger accountants, assistant accountants, accounts receivable accountants, accounts payable accountants, payroll accountants
Decision-makers who rely on timely and accurate financial information
Operations, logistics, and procurement professionals
Professionals who have responsibility and accountability for financial performance and the integrity of financial and information systems

Course Outline

Day 1: Among a wide range of valuable topics, the following will be prioritised:

Standardisation, customisation and centralisation
Review of paradigms and the difficulties of effecting change
Force field analysis
Use of technology to improve organisational re-design
Examination of the pre-close and fast close processes
Benchmarking and other measurement standards, and key performance indicators (KPIs)
Documentation of fast close processes incorporating the utilisation of checklists
Design and implementation of controls needed for financial reporting
Improvement of the closing process and adoption of improvement measures
Identification of management reporting criteria

Certificate

A COPEX e-Certificate will be provided to delegates who attend and complete the online training course

Material published by Copex shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

Whats Makes Copex Courses Unique?

COPEX Training is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.

Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.

Related Categories

Finance & Accounting Purchasing & Supply Chain Management

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Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.

Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.

Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.

The training course fee can be settled by either:

Bank transfer
Credit Card

Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.

Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.

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training course for you!

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