KnowledgeLeader Blog

Close-the-Books Guide: Reduce Financial Close Risk and Maximize Efficiency

Posted by Protiviti KnowledgeLeader on Fri, Aug 04, 2017 @ 07:30 AM

A fast, close-the-books process provides multiple benefits for the finance function and for the company. First, a fast close process creates more time for finance professionals to focus on strategic activities for the company, such as identifying warnings in financial data and providing the corporation's financial direction. It also reduces the cost of the finance function, since fewer hours are needed to close the books. And it demonstrates that the company's controls and systems are well organized; the company sends the message to its competitors and to the investment community that it is expert at performing business processes.

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Topics: performance management, risk assessment, performance measurement, accounting/finance, financial reporting, close the books

Close the Books: Common Process, Popular Topic

Posted by Lark Scheierman on Tue, Aug 25, 2015 @ 08:11 AM

KnowledgeLeader’s close the books topic is populated with over 55 documents. Our content in this area is popular—new close the books tools and publications end up in our weekly top five most viewed pages nearly every time they are published. This was definitely the case when we published the General Ledger Accounting—Close the Books RCM.

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Topics: close the books, RCM

Internal Controls Checklist

Posted by Sharise Cruz on Tue, Feb 03, 2015 @ 09:13 AM

Each month, we'll be giving our social media and blog followers special access to download one of our most popular recently published tools. 

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Topics: internal controls, free tool of the month, expense reporting, accounting/finance, financial reporting, fixed assets, checklists, close the books

Internal Controls Checklist Sample

Posted by Sharise Cruz on Wed, Oct 08, 2014 @ 07:21 AM

Each month, we'll be giving our social media and blog followers special access to download one of our most popular recently published tools. 

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Topics: internal controls, expense reporting, accounting/finance, financial reporting, fixed assets, checklists, close the books

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