Rapid Audited Accounts (Fast Close) – Within Three Weeks of Year-End Toolkit (Whitepaper + e-templates)

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Rapid Audited Accounts (Fast Close) – Within Three Weeks of Year-End Toolkit (Whitepaper + e-templates)

USD $199.00 USD $159.00

Save time cost and heartache using this simple guide. This paper covers organizing the audit interface, best practice year-end processes, speeding up data capture from reporting entities, and how to clean up the month-end processes to achieve this goal. This unique implementation toolkit comprise my latest thinking on the subject matter. The toolkit contains 50 pages designed to help readers implement better practice methods. The  toolkit comes with electronic media, eg: checklists, templates, and workshop agendas to assist in a swift year-end close. I have spent around US$50,000 developing and updating this toolkit. I guarantee, you will save many times the cost of the toolkit.

Please click here to look inside the toolkit (whitepaper+e-templates)

Product Description

A guide to closing the books quickly

Many Corporate accountants have for some time been looking at ways to streamline annual reporting processes. Annual reporting is seldom an area where the accounting function scores many goals. The annual report is an important regulatory and stewardship requirement. It should be completed expediently and should not consume scarce accounting resources for inordinately long periods of time. This toolkit will show you that obtaining audit clearance within 15 working days or less is possible by adopting the better practices of your peers which tackle the year-end bottlenecks head on.

This unique implementation toolkit comprise my latest thinking on the subject matter. The toolkit contains 50 pages designed to help readers implement better practice methods. The  toolkit comes with electronic media, eg: checklists, templates, and workshop agendas to assist in a swift year-end close. I have spent around US$50,000 developing and updating this toolkit. I guarantee, you will save many times the cost of the toolkit.

This whitepaper is updated at the time of purchase by David Parmenter ensuring that it contains his latest thinking. The whitepaper is printed at the time of purchase to ensure it has David’s latest thinking and air-mailed to the reader. The e-templates are emailed.

Please click here to look inside the toolkit (whitepaper+e-templates)

Why you should buy this toolkit:

  • You owe it to your team and yourself to be freed from a slow painful and often unrewarding annual reporting process
  • It will introduce you to ‘post-it’ reengineering which will streamline other processes such as monthly reporting and annual planning.
  • You get to tell the CEO you have reduced the costs of the annual reporting process.
  • Improve the efficiency of the interface with external auditors
  • Easy to use electronic templates (annual reporting checklist, draft presentations, software solutions etc)– to give you a fast start
  • Squeeze out more value from the audit process

The toolkit will answer the following questions:

  • What are the tips for a faster, and better year-end close?
  • What are the key steps for a fast close?
  • How do I sell a fast close to the auditors and management?
  • How to get a fast close without compromising the quality of the numbers?
  • How to use a soft close?

The electronic templates include:

  • Costing of the annual accounts
  • Quick year-end reporting workshop agenda + timetable
  • Sales pitch for a quick year-end
  • Audit process checklist
  • Overs and unders schedules
  • List of consolidation tools
  • List of inter-company software
  • List of fast close applications
  • List of collaborative software
  • The key activities of a 3 week year end
  • Checklist of implementation steps to speed up year-end
  • Suggested rules for a year-end

The paper outlines in detail David Parmenter’s tips for shortening the year-end close:

  • Complete The Drafting Of The Annual Report Before Year-End
  • Set up an “overs and unders” schedule and limit when changes can be made
  • Hold daily SCRUMS with all accountants involved in the year-end
  • Negotiate and plan for a sign-off by the auditors within 15 working days
  • Have A Month 10 Or 11 Hard Close
  • Effective Stock Takes
  • Estimating “Added Value” In WIP And Finished Goods
  • Effective Fixed Assets Verification
  • Utilizing the Work Of The Internal Auditors
  • Managing The Management Letter
  • Deriving More Value From The Interim Audit
  • Restrict Access Of Confidential Information To The Audit Partner
  • 21st Century Software to Replace Excel
  • Quality Assurance Steps
  • How To “Post-It” Re-Engineer Year-End Reporting
  • Speeding up the Reporting Supply Chain
  • Data Capture From Reporting Entities
  • Mapping To Group Systems and Control
  • “Last Mile” Information Handling

 

Thank you for your interest in the intellectual property I have developed. I will send you the electronic media you have purchased as soon as I have received confirmation from PayPal.