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 prepare detailed checklists, execute journal entries, manage revenue cut-offs, adjust inventory and foreign exchange positions, handle tax provisions and accruals, ensuring your financial statements are accurate, compliant, and ready for audits with full confidence. Ideal for finance professionals seeking reliable closing techniques.

from 4 to 360h flexible workload
certificate valid 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 exchange translations, and tax provisions, while creating robust closing schedules, checklists, and records that pass internal checks and external audits.
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 reviews, and NRV or obsolescence adjustments.
- Apply compliant year-end changes for provisions, foreign exchange, and taxes following US GAAP standards.
- Develop effective closing plans with detailed 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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