Sarbanes-Oxley requires a faster delivery of the 10-Q, so everyone is scrambling to find ways to release financial information and statements sooner. Also,this is a major efficiency issue for the accounting department, which can getbogged down in financials issuance for weeks. This book will provide flowcharts and checklists to help avoid delays and bring accounting department closingprocedures current, so companies can close the financials quickly enough to issue statements for the new requirements. INDICE: Table of Contents: Chapter 1. Introduction. Chapter 2. Your Current Closing Process. Chapter 3. Conducting a Review of the Closing Process. Chapter 4. Alter the Timing of Closing Activities. Chapter 5. Revise the Contents of the Financial Statements. Chapter 6. Optimize the Use of Journal Entries and Chart of Accounts. Chapter 7. Standardization and Centralization. Chapter 8.Closing the Inventory Function Chapter 9. Closing the Billing Function. Chapter 10. Closing the Payroll Function. Chapter 11. Closing the Payables Function. Chapter 12. Closing the Cash Processing Function. Chapter 13. Impact of Automation on the Closing Process. Chapter 14. Ongoing Improvements in the ClosingProcess. Chapter 15. Closing Controls. Chapter 16. Closing for the Public Company. Appendix A: Comprehensive Closing Checklist. Appendix B: Fast Close Policies and Procedures. Appendix C: Soft Close Checklist. Appendix D: Year-End Close Checklist.
- ISBN: 978-0-470-46501-1
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 208
- Fecha Publicación: 21/04/2009
- Nº Volúmenes: 1
- Idioma: Inglés