Healthcare

Financial

Management

Association


Optimizing the Accounting Close and Financial Reporting Workshop

  • 10 Aug 2018
  • 8:00 AM - 3:30 PM
  • Hilton Garden Inn, Lebanon, NH
Optimizing the Accounting Close and Financial Reporting Workshop
Hilton Garden Inn
Lebanon, NH
August 10, 2018

Description: Are you looking for a better way to improve your close?Are you concerned that current processes often result in surprises and issues that seem to recur?Are you missing opportunities to improve because you are too busy closing the way you always did?While recognized as a crucial process, and the subject of increasing regulatory scrutiny, the close process has been remarkably resistant to the type of re-engineering efforts that have improved performance and productivity in other areas.Period-end accounting close and financial reporting requires collaboration to analyze data, make adjustments, review changes and create reports.Even with a stronger ERP and reporting software in place, most hospitals use multiple checklists and spreadsheets to help manage the most manual portions of this monthly process.

The constantly evolving nature of the close, along with each hospital’s unique requirements, limit the effectiveness of standard process re-engineering methods.Instead, a total solution approach, focusing on continuous improvement provides the best path to success.Join accounting close expert Gabe Zubizarreta in this fast paced full day session where you will gain the tools necessary to apply continuous improvement principles to your close and learn about the best practices employed by others to achieve a successful (i.e. accurate, visible, faster, predictable, etc.) result.

What you will learn:

  • Why the accounting close process is fundamentally different from other processes
  • Available techniques for streamlining closing processes and how to pick the right ones
  • Key elements of a LEAN close optimization approach
  • Current best practices for close optimization
  • What technologies are available to support the process
  • How to create an effective strategy and a process improvement plan while lowering overall project risk
  • How to reduce close costs


Who Should Attend:
CFOs, VPs of Finance, Controllers, Assistant Controllers, Accounting Managers and any professional involved in the close.

Click below for registration link:
http://www.cvent.com/d/2gqsnc?RefID=summary18

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