2.0 CPE A common challenge for the controller role is in closing the month-end and period-end books in preparation to issue financial statements. This duty requires precision, timing and efficiency.
In today’s digital world, many organizations have access to financial accounting software that will assist with the steps in the financial close. However, even with this aid it is critical the accountant understand the various steps for the close process and how they inter-relate to other accounting processes. This course gives you an insight into the inter-relationships between many processes that impact the financial close.
The closing process has traditionally been a slow one with many companies taking two weeks to close its subsidiary’s books and another two to three weeks to roll up and consolidated the results. With the introduction of technology much has been done to help accelerate that process with integrated enterprise resource planning systems and general ledger and consolidate software.
Within this session we will discuss the many facts involved in closing the books and provide insights into expediting the process in order to be able to create more timely financial statements. Typical steps in the accounting close process include:
- Analysis of business transactions
- Make journal entries
- Post to Ledger Accounts
- Prepare trial balance
- Make adjusting entries
- Prepare adjusted trial balance
- Prepare financial statements
- Close accounts
- Prepare post-closing trial balance
Within this segment we will discuss the elements of the financial close and also important concepts to assist the controller in accelerating their close timeline. This includes addressing all functional areas of the close including payroll, invoicing, payables, inventory, cash, and the general ledger. We will also discuss important concepts of ensuring your financial close is accurate by discussing bank reconciliations, overhead allocations, bad debt reserves, unpaid wages and accruals for vacation time, account reconciliations, deprecation and overall financial statement review.
Note: This course does not address utilizing technology in the financial close. Its focus is to understand the varied procedures involved in the financial close whether or not technology is utilized.
Learning Objectives
- Discover and discuss the many facts involved in closing the books and provide insights into expediting the process in order to be able to create more timely financial statements.
- Explore the elements of the financial close and also important concepts to assist the controller in accelerating their close timeline.
- Discover the important concepts of ensuring your financial close is accurate by discussing bank reconciliations, overhead allocations, bad debt reserves, unpaid wages and accruals for vacation time, account reconciliations, deprecation and overall financial statement review.
Last updated/reviewed: March 21, 2024
Included In Certifications
This course is included in the following Certification Programs:
22 CoursesThe Controllership Series Certification
- The Controllership Series: The Controller Function - Elevating the Role
- The Controllership Series: The Controller Function - Strategic and Annual Planning
- The Controllership Series: The Controllers Role in Financial Forecasting
- The Controllership Series: Future Role of the Controller – Part 1
- The Controllership Series: Future Role of the Controller – Part 2
- The Controllership Series: The Controller Function - Cash and Investments
- ASC 842 Accounting for Leases - Deep Dive
- The Controllership Series: The Controller Function - Inventory Part 1
- The Controllership Series: The Controller Function - Inventory Part 2 - Inventory Valuation, Physical Inventory Methods and Inventory fraud
- The Controllership Series: Overhead, Direct and Indirect Costs and Allocation Methods
- The Controllership Series: Financial Statement Preparation and Presentation
- The Controllership Series: The Controllers Role in the Procurement Function
- The Controllership Series: The Role of The Controller in ESG
- The Controllership Series: The Controllers Role in Pro Forma Financials
- The Controllership Series: The Controllers Role in Data Analytics and Big Data
- The Controllership Series: Introduction to the Financial Close Process
- The Controllership Series: Managerial Accounting Basics and Cost Principles
- The Controllership Series: Sales, Collections and Customer Credit
- The Controllership Series: Addressing Cash Flow and Forecasting Uncertainty
- The Controllership Series: The Controller’s Skillset
- The Controllership Series: The Controllers Role in Internal Controls
- Tools for The Controllership Series Certificate
254 Reviews (1383 ratings)
Reviews
Anonymous
(ACCOUNTING MANAGER)
The content is practical and highly relevant, offering a clear overview of each stage in the close cycle, along with the roles and responsibilities of a controller. I particularly appreciated the emphasis on best practices, internal controls, and the importance of accuracy and timeliness in financial reporting. The real-world examples and helpful visuals made it easier to understand how the theory applies in actual business scenarios.
Premugh Bose Evans Dicruz
(Accounting Manager at Alshaya Group, Kuwait)
This course covered the entire steps of the financial close process. The concepts, processes, and definitions are well-presented and are easy to comprehend. It is an extremely useful course for accountants all over the world. It helps beginners to understand the process and experienced accountants to revise their knowledge about the financial close process.
Anonymous
(Accountant)
I was disappointed to be honest. I have been a big fan of the other courses in this series, but I found that this information covered was very basic for a controller role. Based on the course description, I had expected the course to cover more advanced topics related to the close process, not an overview of the basics like which GL accounts are temporary etc.
Anonymous
()
The Controllership Series: Introduction to the Financial Close Process The Controllership Series: Introduction to the Financial Close Process The Controllership Series: Introduction to the Financial Close Process The Controllership Series: Introduction to the Financial Close Process The Controllership Series: Introduction to the Financial Close Process
Anonymous
(Manager)
The Controllership Series: Introduction to the Financial Close Process course is well-designed and easily digestible. The exam was easy but also meaningful. The course simplifies complex concepts, making them easy to grasp. While it may not satisfy all levels of expertise, it is an excellent starting point for those new to understanding balance sheets.
Anonymous
(Accounting Manager)
This was very helpful and informative. The instructor was very clear and was easy to understand and follow. The accompanying slides were also very informative and helpful. I would recommend this course to anyone who is interested in learning more about the monthly or yearend close process. This course is great and will recommend to my colleges.
Anonymous
(Auditor)
This course does a great job of breaking down the entire financial close process starting from the preparation. It goes in depth about all of the different reconciliations and schedules needed to assist in the close process. It is a useful review or tool for anyone preparing to go through this process themselves.
Anonymous
(Anonymous)
The course a great basic overview of the closing process. It covers at a high level just about everything from journal entry to consolidation and elimination entries. From the title I would have liked more on the elimination entries and what those entries would have looked like.
Kirk Valencia
(Business Administrator at Denver Church of Christ)
Solid refresher on the accounting cycle, particularly the reasons behind the purpose of closing the books correctly which may seem obvious to a seasoned accountant but a good reminder on the importance of the fundamentals especially when it comes to accrued accounts.
Anonymous
(Accountant)
I was expecting a bit more from a controller series. Hoping for tips to make it smoother or a more in-depth discussion of closing software. Maybe a more technical course. This is a good overview for someone who is new to the close process or needs a refresher.
Nicol Coxon
(CPA at Independent)
I'm renewing my license after a very long hiatus, but fortunately all the material in this course still is familiar and seems like common sense. This would be a good overview for someone moving from, say, AR or AP to Controller (hence the name of the series:)
Anonymous
(Controller)
This was a great course for all accountants in the Controller role. Odds are you're no longer thinking about these processes, since most accounting software do these for you, but I recommend everyone brushing up on them for your own self-edification.
Robert Webb
(Controller at Highland Electric Fleets)
I appreciate the fact that this was a refresher of the basics of the financial close process, but it was extremely elementary and this shouldn't be included in a "controllership" series targeted at controllers or those aspiring to be controllers.
Mark Eastman
(Accountant at Self)
Overall good course. It appeared to be cobbled together from more than one source. I became a bit lost in the last two segments on running batch jobs in accounting software to finalize and zero out the P/L accounts and the consolidation process.
Anonymous
(Accounting Manager)
This was an excellent course that gave an overview of the month end close process. I liked that the instructor differentiated between the process of a monthly close and an annual close because there are some extra steps with the annual close.
Wilson Neely
( at Solo Stove)
Loved it! Great course that accurately reflects what it is like to be a controller and what is the purpose of the financial statements. Even as a controller myself, I found new things to help me in my day-to-day responsibilities. Thank you!
Anonymous
()
Loving the Illumeo platform. There is a variety of content. I'm not as involved in the close process as I have been in the past, this was a very useful reminder of key considerations as I reflect on how it affects my responsibilities.
Anonymous
(controller)
overall a good course but highly simplistic and not going into any details on the myriad of issues that surround the close process, especially the judgement involved in ensuring balances are fairly stated with a deadlines for close
Anonymous
(International Finance Manager)
Ms. Fountain provides a complete and accurate summation of the close process. This course is excellent for the beginner as well as a refresher for those who have been away from the close process for a while and are returning to it.
Anonymous
(Snr Accounting Consultant, CPA)
Professor Lynn - another great course. This is a great refresher course on closing the books, paying attention to ensure that certain steps are carried out before closing the books whether monthly, quarterly or annually.
Anonymous
(Controller, KRx)
I found the course to be very high level and basic. The content covered material that would be found in a principles or intermediate accounting class. The references to using manual or paper ledgers seems outdated.
Anonymous
(Consultant)
This overview of the close process was a nice refresher on what to gather and what order to review/reconciled before preparing the financials statements. Could make a good checkoff list from this process.
JIN ZOU
(Senior Accountant at STS Traders)
This course was informative. It provided a review for the knowledge I learned in college. I think if more detailed material, such as accrual for A/R and A/P, prepaid are included will be more beneficial.
JONATHAN MZINJA
(Finance Manager at Capgemini)
This is a good summary of the closing process. Lists all the important accounts that must be reconciled as part of the monthly, quarterly or annual close. I found the lecture concise and quite informative
Anonymous
(Accounting Manager)
This course was very interesting as I have gone through many close processes. Due to that, I knew some of what was being discussed but also learned some new areas of the close process and terminolgy.
Anonymous
(Finance director)
It is very helpful, through the course, I can learn the full picture of the Financial closing process. The materials are relevant and it helped me to achieve the goals the learning purpose......
Yiqi Huang
( at Means Industries Inc)
This course gives an overview about accounting closing book concepts. It was very detailed and instructive. It helped you understand what needs to be closed and what to do to close the books.
Anonymous
()
Information well organized in proper sequential order and clearly presented. Examples were appropriate and would help even a non-accounting person understand what is required and expected.
Anonymous
()
This is a simple overview of the close process, but it does make you pause to think about your actual close process at work, i.e. can you make your close process better or more efficient?
Anonymous
()
Great course with the right level of detail. Instructor was clear. I learned a lot about the close process. This would be helpful to anyone trying to understand how close processes work.
Anonymous
(Manager)
Another great course. I really like the structure of the slides, and relevance of mc questions. The material is just a review for me at this point to maintain the license. Thank you
Anonymous
(Accounting & Finance Guy)
A very good presentation of the financial close process. Appropriate for those new and intermediate, and of course, a nice reminder of things for those with advanced backgrounds.
Caitlyn Post
(Controller at OK4WD)
This course was very informative. The instructor did a great job highlighting the importance of the financial close process and different topics to think about when completing it.
Anonymous
(VP of Accounting)
Lynn did a great job explaining the definition and purpose of closing the books, the monthly and annual close process. The difference between a Trial Balance and the financials.
Cynthia Lubin
(Principal at C Lubin CPA LLC)
Great review of the financial close process. I have not done this in a while and I appreciated the refresher on all that the process entails, how to do it and why it's important.
Anonymous
(Director of Finance)
Good refresher course on what to include in the period close. I need to instruct my new associate in a proper close and this was very helpful in preparing me to prepare them!
Lawrence Hirsch
(Controller at Builders design)
Lynn,
I was happy to take this course in the Controllership series. It reinforced my knowledge and showed me that I know a thing or two about closing the books :).
Larry
Anonymous
(President and CEO)
Good overview of the close process and a refresher of the process. There could be more focus on the fact that an ERP / GL application automates many of the steps outlined.
Anonymous
(CPA)
Excellent course detailing the financial close process and the importance to the company of having a timely and accurate closing and preparation of financial statements.
Ethan Young
(Assistant Controller at Lunda Construction Company)
Excellent review course for the financial close process. Great review of the correct order of events and things to remember prior to financial statement preparation.
Anonymous
()
Good overview of the fundamentals of periodic close, course invluded good reminders of process to complete to ensure an efficient and accurate periodic close process.
LISA BRZEZINSKI
(Director of FInance at Aspirus)
This was a good overview of the Financial Close Process. I have heard this instructor before and find her highly intelligent, easy to understand and easy to follow.
Anonymous
(Director - Accounting)
Good video on the closing process. discussed all the major accounts that must be reconciled as part of the monthly or annual close. Instructive was informative.
Anonymous
(Sr Financial Analyst)
repetitive info, presentation could be more professional (once presenter started repeatedly saying literally and irregardless, i couldn't focus on the content)
Anonymous
(Senior Accountant)
Solid overview of the accounting close process. Was nice refresher at a high level as an accountant stuck in the weeds. Questions were easy to follow as well.
Inna Shmukler
(Controller at Fornetix LLC)
Good introductory information. Probably, not for a Controller. Was expecting something a little bit more advanced, but, nevertheless, a well-presented course.
Anonymous
(Accounting Manager)
Ms. Fountain responded to my question very quickly and provided a detailed and comprehensive answer. I enjoy her lectures and the vast knowledge she shares.
Anonymous
(Finance Consultant)
A solid close process is a critical part of any business; I like how this course goes into detail in outlining what should be done to prepare for the close.
Anonymous
()
This was a helpful course if you are interested in learning about controllership and the close process. It was dry at times but the information is useful.
Anonymous
(Accountant)
I thought this course was very interesting and helpful. I thought the instructor explained the topic very well. I would recommend this course to others.
Anonymous
(Controller)
The format of this course made it really easy to understand the concepts. The material was well organized and summarized in a clear and succinct manner.
Anonymous
(CFO)
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Anonymous
()
The presentation was methodical. The material was broken down appropriately into key components of the financial close process making it easy to follow.
Kathleen Busk Varas
(Principal Financial Consultant at V Ventures Consulting)
Well presented in logical and sequential manner to match standard closing process and provide information at an optimal level of big picture vs detail.
Christopher Hole
(Director of Internal Audit at Roseburg Forest Products)
This course is a nice overview of a generic close process. As usual, Lynn does a good job of focusing on the main points without getting too granular.
Anonymous
(Senior Manager Internal Audit)
Some of the actions described no longer seem to fit in with today's accounting systems and date from a time when, for example, they were not yet used.
Derek Ettinger
( at GP Fund Solutions, LLC)
Very useful course for not only internal accountants, but also external auditors. Provides good background on the various phases of the close process.
Anonymous
()
Basic course, but content good nonetheless. More principles based rather than reality of working in ERP systems with checklist examples for instance.
Anonymous
(Advisor)
Overall really enjoyed, thanks for providing! It was information that I obviously knew when obtaining CPA, but always love a good refresher course.
Anonymous
()
This is a good high level look at what it means to close the books each month. Would recommend to anyone who isn't familiar with closing the books.
William Murri
(Controller at The Church of Jesus Christ of Latter-day..)
The course covered basics of closing. The initial exam wording was to me not as clear, but I took the final again with more questions and got 100%.
Anonymous
()
This was a refresher, I wanted to be sure our processes were following best practices. There are small improvements we can make in our process.
Anonymous
(Private Equity Accountant)
Classes was very straight to the point and educational. The professor quickly gave the information out in a concise matter. Very helpful class.
Anonymous
(Internal Auditor)
We are victims of our imagination in everything and almost always: it is in a hurry to cover the slightest ray of truth with its mottled veil.
Israel Jenyo
(Revenue Accountant at Novelis)
Information was easy to understand and egaging it. definitely recomend to those looking to understand a quick overview of the close process.
Anonymous
()
The instructor clearly understood and presented the close process. It was nice that she had actually worked in g/l close processes before.
Anonymous
(Compass Consultant)
Very informative. I really enjoyed the course and feel like I am better equipped to be in a controllership role in the future if presented.
Anonymous
(Sr. Controller)
I enjoyed the course and learned from your content. I learned some things that I will be able to put into practice in my organization.
Scott Anderton
(CFO at HCA)
I am currently a CFO but skipped the Controller role. This was helpful in learning and reminding the basics of a thorough close process
John Austin
(Senior Accountant at Synoptek, LLC)
This course did a very good job at making the whole close process understandable and simplified. All the pieces and parts work together.
Anonymous
()
Good general information on the close process. I wish there were maybe some examples with numbers to work through some of the process.
Anonymous
()
Another great course from Lynn. the information is laid out in an easily digestible way for students to understand and apply. Thank you!
Anonymous
(Finance and Accounting Consultant)
The presenter was very clear, and the slides are well organized and a good source to understand the flow of month end/ year end process.
Wes Nichols
(Accounting Director at Brookfield Properties)
The course provided a general overview of the accounting close process, catered to someone who is not involved in the close process.
Anonymous
(Accounting Manager)
This is great for anyone who hasn't worked in an industry accounting role to see the process accountants go through monthly/annually.
Anonymous
(Treasury Manager)
Great overview of the monthly financial close process. Also helpful to use as a checklist for the monthly and annual close process.
Anonymous
()
Great refresher on month-end close processes. After year's of industry specific costing an overall understanding is good to have.
Anonymous
(N/A)
This course was an excellent introduction to the closing process. It provided a good outline of closing an organization's books.
Anonymous
(Sr. Accounting Manager)
This a good CPE course. very effective learning and the quiz and exam are feasible. The power point slides can be more creative.
Anonymous
(Director Financial Reporting)
This is a good course that went into a bit more depth than I was anticipating for a general course on the topic. Delivered well.
Anonymous
()
Great refresher on bookkeeping/accounting terminology and best practices for closing the books on a monthly and annual basis.
Anonymous
(-)
Good coverage of the various levels of financial information and how sublegers ultimately roll into the financial statements.
Anonymous
()
Good overview of the steps needed for an expedient close, especially those needed for larger entities that do consolidations.
Anonymous
(Assistant Controller)
The logical ordering of the course was helpful. More focus on closing the books in a high-tech ERP setting would be helpful.
Anonymous
(CEO)
they didn't give clear examples on the courses and it was hard to navigate through it unless you go to search by yourself
Anonymous
(Internal Audit Senior Director)
Good introduction to employees who are new to the closing process. Appreciate for the availability of course materials.
Anonymous
(Consultant)
The presentation seemed to cover all the basics of a financial close at different time periods which was a good review.
Anonymous
()
Detail discussion of the 9 step accounting cycle. Informative and practical to implement during in the corporate world.
Anonymous
()
Great introduction to the financial close process, there are a lot of great topics here for new and experienced users
Peter Dovey
(Assistant Controller at DLC Group)
This course was very basic accounting close process principles. A good refresher I guess, but seemed extremely basic.
PHILLIP CUNHA
( at CP)
Lynn strikes again. Always doing a great job of breaking down what you need to know (and none of that other stuff!)
Anonymous
()
This course properly reviewed the learning objectives, but could be updated to further describe elimination entries.
Katherine Maline
( at IntraFi Network, LLC)
This course was concise and clear in the delivery of materials. It was organized in a way that made sense as well.
Anonymous
(Accountant)
Very detailed and informative layout of the month and year end close processes. Thank you for the great material!
Jennifer Wong
( at N/A)
It was a good course - a good review of the financial close process.
The instructor and slides were clear.
Anonymous
()
Great overview of the close process. This would be a good course for all involved in the close process to take.
Anonymous
(Controller)
Very interesting course. would highly recommend always good to refresh our knowledge and learn new information.
Sean Flynn
(Accounting Manager at Rosemawr Management)
Good course as part of the Controllership series, it goes over the close process and what it takes to complete.
Anonymous
()
This course provided a well articulated overview of the close process. Was easy to understand and very helpful.
Abraham Minto
( at Abraham Minto LLC)
Lynn has great expertise and her course on the financial close process was very well organized and presented.
Anonymous
(Controller)
Though these appear to be preliminary topics for a controller, its a good revision of what was learned earlier
Anonymous
()
Thought it covered the topics thoroughly. Enjoyed the slides very very much. Thank you for putting together.
Travis David
( at Presa Solutions Inc.)
Good but slightly basic. Most folks use software to do many of these tasks and that's not fully considered.
Anonymous
(Finance Manager)
This was a helpful course with an appropriate amount of time allotted to meet the stated learning objectives.
Anonymous
()
Easy to follow course. I'm not sure the review questions focused on the most important aspects of the course.
Anonymous
()
Revenue Accounts are those accounts that report income of the
business and therefore have credit balances.
Anonymous
(Vice President)
Great course with tons of content and learning material. The material was all straightforward in my opinion.
Marc Nakashian
( at iconectiv)
Having a quiz is helpful, so you can go back to review any areas of weakness prior to taking the final exam.
Anonymous
(Accountant)
This course was very helpful and provided a lot of insight into what takes place when the books are closed.
Anonymous
(Consultant)
Great course, I like the instructor. She makes the material easy to follow which prepares you for the exam.
Anonymous
(Corporate Controller)
Lynn does such a great job with her trainings. They are engaging and relevant. I found this to be useful.
Anonymous
(VC CFO)
Very well organized. A great overview of the Accounting Close process and background on why it is needed.
Anonymous
(Controller)
This course covered the objectives but only gives you a high level "list" to complete the close process.
Hyung Rim
( at Citi)
This course was very helpful and provided a good refresher. I highly recommend this course to other CPAs!
Megan Deutschman
( at Midcontinent Media)
Good knowledge that applies directly to my job and the processes that we follow monthly and at year end.
Sean Searley
(Finance at WoodRiver Energy LLC)
great course, lots of great information here on the close process. Good refresher for year end reporting.
Anonymous
()
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Anonymous
(Sr. Controller)
good overview and summary of effective monthly close processes and planning procedures to incorporate.
Allison Tomko
(Senior Accounting Manager at OEConnection LLC)
Good information for month end close - some was pretty basic, but gives an understanding of the process
Anonymous
(Controller)
great refresher course on close processes and why they are important for all businesses and positions.
Anonymous
()
Good stuff. very good, very very very very good.......................................................
DEBORAH CAYLOR
(Accounting Manager at self)
Very clear and easy to follow. Even though I am responsible for this monthly I learned a few things.
Anonymous
(Financial Controls & Complia..)
Great overview and refresher of the basics as well as more advanced concepts such as consolidations.
Mi Young Kim
(Managing Director at Vine Consulting Limited)
It was quite essential training to understand the closing process, and want to recommend.
Thanks!
Anonymous
(Director Net Revenue)
Very basic for a controller level course... No one in an actual controller role would need this info
Nick Roberts
(Accounting & Finance Consult.. at DLC Group)
I liked it. Good basis for an accounting close. It's nice to have a refresher every once in awhile.
Anonymous
(SOX Analyst)
Very good. I appreciated going through the basics and getting to learn more about the close process.
Anonymous
()
Enjoyed this walk through of month end and year end close. Was a good refresher on what needs done.
Anonymous
(Sr Revenue Accountant)
The concepts and presentation were very high-level, but this feels like a good course for beginners.
Anonymous
(Partner)
This course was very informative and helps to review the basic concepts of the accounting process.
Andrew DeLorme
( at Allscripts)
Good course. Reviewed basics and had some good points on preparation process pre-close activities.
Anonymous
()
Really great course. Very helpful for someone like me that does not deal with bookkeeping very much
Jill Todd
(staff accountant at The Cooper Group)
Easy to understand. The professor was articulate. The content was able to be completed in 2 hours.
Joe Isaacs
(Unemployed at N/A)
Ms. Fountain was clear and concise while giving a good overview of the accounting close process.
Anonymous
()
While basic, this review is a good refresher on processes and procedures when closing the books.
Anonymous
()
Very basic. I was expecting it to go into more detail. Wasn't super impressed with the course.
Anonymous
(Corporate Controller)
I personally felt that this course was at a very basic level, and not targetted for Controllers
Anonymous
()
Very basic information for the new accountant. May be too low-level for a Controller position.
Anonymous
(Senior Manager - Finance)
Very good foundational course for non-accountants. Covered all basic concepts around close.
Anonymous
()
Overall this was a good review of the closing process. I would recommend to new accountants.
Anonymous
(Controller)
This course provided good framework for the financial close process and related activities.
Doshan Coilton
(Controller at Oracle + NetSuite)
Awesome lecture and slides. Content and lecture was clear and accurate and well organized.
Yolanda Lefort
(Technical Accounting Manager at Veeva Systems Inc)
Good overview of the basic things to remember and consider before, during, and after close.
Baechang Choi
(Manager at KPMG Korea)
It is basic concept for the financial close process but you would be need it for your work
Anonymous
(Director of Finance)
This course is well-designed and has a very clear structure. Overall it is a good course.
Ryan Thessing
(Controller at Alaris Litigation Services)
The slides had a few typos and the final exam questions didn't seem very clearly written.
Anonymous
(Senior Accountant)
I enjoyed this overview of the Close Process and tips as to areas to keep an eye out for
Anonymous
(Financial Reporting)
Lynn does a great job laying out all information in all of her presentations, great job!
Lindsey Kranz Ramirez
( at Cohesity)
Clear course, helpful. The questions were fairly easy for someone who works in industry.
Lucas Kysely
( at Edcetera)
Pretty good course overall. It’s definitely ground level, but a good review overall.
Anonymous
(Controller)
This course was very informative and reinforced important financial close information.
Anonymous
()
This went over the appropriate ways to close the books on a monthly and annual basis.
Anonymous
(Senior Accountant)
Good overview, at an intro level, of the financial close process and what it entails.
Anonymous
(CFO)
This has been a good series. There lecture is thorough and the documentation is good.
Anonymous
()
I thoroughly enjoyed this course and would recommend it to any business professional.
Anonymous
(Director, Global SOX Compliance)
Very informative and relevant course. thank you! I really enjoyed listening to it.
Anonymous
(Director)
This was a good course that gave a vast refresher of the month end close process.
Anonymous
()
Good review of step by step process for closing and reminders of what to look for.
Rachel Fischer
(CFO at Odney)
I think this was a great refresher course explaining the financial close process.
Anonymous
(Reinsurance Accounting Manager)
Very detailed and comprehensive course of a Company's financial closing process.
Anonymous
(NA)
Good*****************************************************************************
Anonymous
(-)
Good overview of the financial close concepts. Basic, yet helpful in many ways.
Anonymous
(Treasury Director)
Great overview of the steps involved in closing the books monthly and annually.
Anonymous
(AR specialist)
I really enjoyed the course. I only missed one question. would highly recommend
Anonymous
(Senior Consultant)
Good training to refresh on preparations necessary to close an accounting period
Sergio Perez
(Controller at Not Applicable)
Essential information for all accountants out in a easy to understand narrative.
Anonymous
()
Good overview of the close process with helpful tips on the steps to close.
Anonymous
(Staff Acountant)
Very easy to follow along and covers all of the necessary steps in the process
jonathan reda
(Finance Manager at Cisco Systems Inc.- FCRM)
Helpful overview of the close process with enough detail to make a difference.
Mary Elizabeth Farmer
( at NA)
Ther course is a good overview and summary of the steps in the close process.
Anonymous
(Director Finance)
Good overview of the accounting process and the steps needed to be effective.
Anonymous
(Finance Director)
Excellent course to take for learning the basics. Instructor did a great job.
Anonymous
(Staff Accountant)
This course was informational and very digestible. Lynn is always engaging.
Anonymous
(SVP)
course presents an efficient summary of the closing process - good overview
Anonymous
(Accountant)
Great course, clear and concise, would recommend others to take this course
Anonymous
()
Good straight forward introduction to the financial statement close process
Karen Robbins
(Value Analyst at Independent)
This course was easy to follow and would be helpful for newer accountants.
Anonymous
(Controller)
Excellent back to basics overview of the financial reporting close process
Anonymous
(Auditor)
Good course , informative , ireally liked the style of teaching the course
brad dauplaise
(VP Treasury & Capital Markets at Holiday Inn Club Vacations)
fun. It was a good refresher on the close process. Slides were perfect.
Michael DeVito
( at Dassualt Falcon Jet)
Good course on closing activities. Was informational and a good refresher.
Nicholas Pierce
( at self)
this was a good reminder of the basics of accounting and the close process
Anonymous
(Accounting Manager)
very helpful to gain a basic understanding of the financial close process
Anonymous
()
Great course and instructor. Good overview of the financial close process.
Anonymous
()
Basic outline of the financial close process for month-end and year-end.
Denise Cutrone
( at Denise Cutrone Advisors)
Great course ! Structured in a manner that it is very easy to understand
Dhaval Doshi
( at JCI)
Good overview of financial close process and tips to make more effective
Anonymous
()
Overall great course. So far enjoying this series for future Controllers.
TOMOAKI TOGO
( at Canadian Solar Japan)
If you are accountant, you can pass the exam without reading the contents
Anonymous
(Consultant)
Some of the questions on the review were, in my opinion, poorly written.
Christopher Flowers
( at Environmental Remedies, LLC)
Good refresher on the financial close process and the purpose behind it!
Anonymous
()
Good solid information. Appreciated the pdf docs. I enjoyed the class.
Anonymous
(Chief of Operations)
This was a good, quick summary of the close process. A nice refresher.
Christopher Koyama
( at Koyama)
straight forward course on closing the books at month end and year end.
Anonymous
(accountant)
Great course. Very Helpful. Instructor relayed information effectively.
Anonymous
(Director)
Detailed course covering the close process, recommended for beginners.
Anonymous
()
Nice presentation of the process. This presenter is consistently good.
Anonymous
(Sr Director, Finance)
The course was a good refresher of the overall financial close process.
Thomas Simkiss
(Director of Cloud Solutions at Creoal Consulting)
Concise, direct and well-prepared. This was a great entry-level course
Anonymous
(CPA)
The course was pretty basic, but a good overview of the close process.
Anonymous
(Controller)
This is a pretty basic course, was hoping for more useful information.
Anonymous
()
Overall good course for high level review. More of a beginner review.
Antonio Fernandez Floro
(Regional Project Lead for Europe and Afr.. at Kirche Jesu Christi HLT (D),)
The presenter was very knowledgeable and provides clear explanations.
Anonymous
(Accounts Payable Manager)
This is a wonderful training that helps speed up the financial close.
Anonymous
()
Good basic overview of a financial close. Pretty generic but helpful.
Anonymous
()
Good test to check the basic knowledge about accounting book closure.
Anonymous
()
Easy to understand and very thorough. I highly recommend this course.
Anonymous
(Controller)
Very basic. Was hoping for tips and tricks to streamline the process.
Anonymous
(Controller)
Clearly outlines steps in the monthend close process and teh purpose
Anonymous
(Cpa)
Thank you will take more of this series for my next education cycle!
Susan Renshaw
( at Method Insurance)
This course is a very good explanation of what the close process is.
Anonymous
()
This course was a helpful overview of the close process - thank you
Alice Jeanna Yu
(title at bank)
helpful, practical, useful for review of basics in a applicable way
Anisha Gomes
(Managing Director at CNM LLP)
The course provides a good overview of the financial close process.
Eric Wolniak
( at sennder)
Great review course on the financial close process. Would recommend
Anonymous
(VP of Finance)
Useful information on why and how to do an efficient close process.
Lisa Lavery
(Close & Consolidations Senior Manage.. at Cisco Systems)
good overview of the accounting close process for new accountants
Anonymous
(Controller)
Provides beginner level steps to ensure a timely month-end close.
Anonymous
(Staff Accountant)
Good course covering the concepts and steps in the close process.
Anonymous
(Finance & Accounting Consultant)
Overall a good refresher course on the financial close process.
Eric Bade
( at Star Group)
Nice review of financial close process especially for a beginner
Anonymous
(Accountant)
This was a very nice discussion of the close the books process.
Anonymous
()
It as very understandable. I cold easily understand everything.
Lori Sander
(Director of Operations at Permanent Equity)
The course was significantly more elementary than I expected.
Mark Quinn
(CFO at AlkemyX)
terrific review of the accounting close cycle a high level.
David Fisher
(Associate at YPTC)
Nice course. Source material was clear and laid out well.
Shannon Esenwein
( at Shannon Esenwein CPA)
Nice overview of closing the financial books for a business.
Lorene Johnson
( at SeaOne Holdings)
Really enjoyed the class, clear on information presented.
Anonymous
(CFO)
Good introduction to the close process. Good for beginners.
Anonymous
(Head of Controlling)
Short but good overview over the general closing process.
Anonymous
()
This course was good, but more basic than I was expecting.
Matthew Sloan
( at DB USA)
kind of difficult but i learned a lot. lynn for the win !@
Syed Kazmi
(Controller at Encompass Capital Advisors LLC)
Easy subject nicely explained for students understanding.
Anonymous
(Accounting Manager)
Overall it was a good training. The test was fairly easy.
Anonymous
()
I really liked the information provided in this course.
Lucy Hsu
(Controller at Hill Country Christian School of Austin)
The instructor is clear. Information is very practical.
Anonymous
(Director, Financial Shared Services)
Well presented information regarding the close process.
Anonymous
(CPA)
Good examination of the closing process for a business.
Alyssa Angell
( at Inspirato)
This was a great course on the financial close process!
Anonymous
()
Information presented clearly and succintly. Thank you!
Sharon King
(Contractor at Self employed)
Great refresher course on the month end close process.
Anonymous
(Senior Revenue Manager)
I enjoyed the course, and I found it very informative.
Anonymous
(CPA, CFE, MBA)
Pretty basis , but informative and easy to understand.
Anonymous
(Assistant Controller)
Good, easy refresher on month-end and year-end closes.
Anonymous
(*)
Overall, good refresher course on the close process.
Anonymous
(Director, Governance)
Great overview course on the financial close process.
Anonymous
(Director)
Very helpful content, easy to understand and follow.
Kevin Murray
(Business Partner - Strategic Projects at The Wesson Group)
This course is a good summary of the close process.
Anonymous
(Partner)
Good overview of financial statement close process.
Stacy Strackbein
( at DYNAMIC SYSTEMS, INC)
I like the speaker, measured words, clear, concise.
Anonymous
(Head of FP&A)
helpful fresher on a critical piece of the process
Anonymous
(Manager)
Course was good, learned a lot. Quite informative
Kim Benson
( at Health Systems Management, Inc.)
Good overall description of the closing process.
Anonymous
()
This course did a good job of covering the basics.
Prerequisites
Course Complexity: Basic
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Lynn FountainCPA, CGMA, CRMA, MBA, cPIA, Consultant, Author, Trainer
About Illumeo
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Contact Us
- Email: info@illumeo.com
- Phone: 408-400-3993
- Adress: 1608 W Campbell
- Av #221, Campbell, CA 95008
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