5 STEPS TO A SPEEDIER YEAR END
Month or year end doesn't have to be slow or difficult - a best practice guide to the busiest time of the accounting year
It's a familiar story. At the end of every month or year there is the big build up, followed by frenetic activity in the rush to produce numbers and provide reports to ensure the business complies with whatever regulatory frameworks exist. In addition, there is the requirement to efficiently inform the various organisational stakeholders of the results. Set against this is the many challenges arising out of data being mishandled or misunderstood; information arriving late (if ever) from sources and people that are sometimes even later than that! This ever-repeating process should be simple and straightforward, unfortunately for many, this is simply not the case.
This latest whitepaper from Aqilla looks at the key issues and areas that can be improved upon to alleviate the problem of a slow Period, month or Year End close and presents 5 key steps to a speedier year end.