Description

A guide to closing the books quickly

This unique implementation toolkit is a guide to closing the books quickly and contains my latest thinking. The toolkit contains 120 pages + 20 e-templates designed to help readers implement better practice methods. The toolkit comes with electronic media, eg: formats, templates, and workshop agendas to assist in swift implementation. I have spent around US$50,000 developing and updating this toolkit. I guarantee, you will save many times the cost of the toolkit.

Please click here to look inside the toolkit (PDF whitepaper+e-templates)

This toolkit is updated at the time of purchase by David Parmenter ensuring that it contains his latest thinking. The e-templates are emailed with the paper.

Why you need this toolkit:

• This will help you to save days of work each month end and months from your year end reporting process
• Your reporting will be concise, error free and it will be read
• It will make big in-roads into making your finance team into a happier and more rewarding place to work
• It will introduce you to ‘post-it’ reengineering
• Easy to use electronic templates (checklists, draft presentations, software solutions etc)– to give you a fast start

This toolkit will answer the following questions:

• What is a fast close month end process?
• What are the steps for a fast close?
• How do you shorten a month end closing process?
• What are the tips for a faster, and better year-end close?
• What are the key steps for a fast close?
• How do I sell a fast close to the auditors and management?
• How to get a fast close without compromising the quality of the numbers?
• How to use a soft close?

All templates in the paper + additional PowerPoint presentations

In the paper, I have many templates, checklists, workshop templates, PowerPoint slide decks, one page report formats to help the reader. These electronic versions represent over USD$30,000 of my time over the years I have developed them.

The electronic templates include:

• Selling quick month end reporting to the executive team (PowerPoint slide deck)
• Costing out the monthly and year end reporting process
• Post-it re-engineering workshop agenda and timetable
• Draft month-end rules for the finance team
• Implementation steps for a fast close month end checklist
• Sales pitch for a quick month-end and year-end
• Audit process checklist
• Overs and unders schedules
• List of consolidation tools
• List of inter-company software
• List of fast close applications
• List of collaborative software
• The key activities of a 3 week year end
• Checklist of implementation steps to speed up year-end
• Draft year-end rules for the finance team

This toolkit contains following:

• Fast reporting practices- review case studies on quick month-end and year-end reporting (day one reporting and virtual closing)
• The lean better practices to get your next month-end completed in three working days or less
• Best reporting practices (A3 one page, daily and weekly formats, killer presentations, clear graphics)
• The technology you need to use (accounts payable, consolidation, reporting, disclosure management, drill down applications)
• Quality assurance processes ( bullet proof numbers, report planning, word structure)
• Winning agile practices (closing on the same day each month, “post-it” re-engineering, Kanban and Scrum meetings)
• The lean better practices to get your next year-end completed in three weeks
• Next steps and other areas to tackle