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

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Gain expertise in efficient month-end and year-end financial closing processes. Cover fixed assets management, depreciation calculations, impairment assessments, revenue recognition cut-offs, receivables handling, inventory valuation methods, cost of goods sold computations, provisions setup, foreign currency translations, and tax adjustments. Develop robust closing calendars, detailed checklists, and comprehensive documentation to withstand internal reviews and external audits successfully.
Elevify advantages
Develop skills
- Manage fixed assets and depreciation with quick, precise month-end and year-end postings.
- Handle 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 changes for provisions, foreign exchange, and taxes following US GAAP standards.
- Design structured closing calendars, checklists, and documentation prepared for audits.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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