Fast Close

	Fast Close by Steven Bragg


	Commentary:
	I have been closing the books for a multi-division company within one day for a number of years (my record is five hours), and have continued to be surprised at the difficulty other companies have with a fast close. As explained in Fast Close, the accountant needs to think like an industrial engineer, because this is all about scheduling, standardization, centralization, and designing the finished product (the financials) to be easy to create.

	Content:
	Alter the closing timing Revise financial statements Optimize the chart of accounts Closing standardization Closing centralization		Closing by functional area The impact of automation Ongoing improvements Policies and procedures Closing checklists






	Related Books:
	Accounting Control Best Practices		GAAP Implementation Guide
	Accounting Policies & Procedures		Just-in-Time Accounting

	Reviews:
	This 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 that desire to have a large, favorable impact on their company. - Richard V. Souders President and CEO, Premier Data Services Fast Close is a superb book for all financial executives. It clearly articulates how a company can achieve rapid closes and obtain benefits that go along with it. This book is a must-read for financial executives. - Janice M. Roehl-Anderson Principal, Deloitte Consulting, LLP

Books | Articles | Podcast | Resources | About | Contact | Home