Those in charge of the close at GrubHub, Stack Overflow and Oscar as well as the Director of Financial Operations at Connor Group, an advisory for accounting best-practices, joined FloQast and openly shared what they’ve done to improve the accuracy, reliability and timeliness of their overall closes and how to create a cycle of continuous improvement. Focusing on People, Process, Documentation and Reconciliations, each of these experts shared their philosophy and experiences of what works (and doesn’t) for:
- Hiring – recommendations for when to hire CPA’s, non-certified accountants as well as “swimmers” (the type of personality who when thrown in the deep end learns to “swim”)
- Predictability – how to build such into your close processes on an on-going basis
- Culture of Improvement – steps you can take to continually refine and streamline the close at your organization
- Ensure Audit Readiness – helpful tips to ensure your team prepares reconciliations for every account and not just those asked about by auditors.
Do you want to uncover specific ideas to improve your month-end close? Take 60 minutes and be a fly on the wall and learn from these experts – watch the on-demand session now. If you want to learn how to improve your close, you won’t be disappointed.