Financial Close (Month-End/Year-End) Course
This comprehensive course equips you with practical skills for mastering month-end and year-end financial closes. Learn to create effective checklists, execute precise journal entries, manage revenue cut-offs, adjust inventory and foreign exchange, handle tax provisions, and produce accurate financial statements ready for audits with full confidence.

flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
Gain expertise in efficient month-end and year-end financial closing processes. This course covers managing fixed assets, depreciation, impairment testing, revenue recognition cut-offs, receivables management, inventory valuation, cost of goods sold calculations, provisions, foreign exchange transactions, and tax adjustments. You will develop robust closing calendars, checklists, and documentation to withstand internal reviews and external audits successfully.
Elevify advantages
Develop skills
- Handle fixed assets and depreciation with quick, precise month-end and year-end postings.
- Manage revenue, receivables, and accruals using strict cut-off procedures and accurate reserve calculations.
- Reconcile inventory and COGS through count verification, margin analysis, and NRV or obsolescence adjustments.
- Apply compliant year-end adjustments for provisions, foreign exchange, and taxes under US GAAP.
- Develop structured closing calendars, checklists, and documentation prepared for audits.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workloadWhat our students say
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