Fast Closing Month-End and Year-End Accounts
Monday, February 23, 2026
Category:Accounting & Finance
3
Days
Dubai
9:00am – 4:00pm
Introduction
One of the most challenging aspects faced by a financial accountant is to close the month-end and year-end accounts and present the financial statements and get them audited as fast as possible. The resulting financial statements are used by management, shareholders, lenders and regulators for their decision making. The accountants have to comply with the regulatory deadlines to complete the closing process and issue financial statements.
However, the closing process has conventionally been a slow one. It takes roughly 3 to 4 months to close the accounts and issue financial statements for an average company. For a company which has a substantial public interest, the timeliness is very strict. Therefore, the accountants face the challenge of closing accounts as fast as possible. This Solid State Training course will empower you in closing the accounts and issuing the accurate financial statements within the minimum possible time period.
Objectives
The objective of this training is to help you achieve effectiveness and accuracy in fast closing monthly and year-end accounts. By the end of this training you will learn to:
- Move the timing of closing activities out of the core closing period
- Standardise and automate the use of journal entries in the closing process
- Standardise the chart of accounts
- Centralise the accounting functions
- Optimise the approval process for the receivables and payables
- Integrate an ongoing improvement review into the closing process
Training Methodology
Our training courses are customised to suit the training audience and their professional backgrounds and experience. Classroom sessions are presented by Subject Matter Experts. Participants are encouraged to get involved through various activities such as group discussions, troubleshooting for questions, problem-solving, projects, etc. Participants are also encouraged to share their experiences, issues, concerns and best practices from their respective organisations, which are discussed in detail by the course facilitator. Solid State Training follows the Do–Review–Learn–Apply Model.
Organizational Impact
Companies who get their employees to participate in this course can benefit in the following ways:
- Ensure that your company is running with the most streamlined processes in Closing Month-end and Year-End Accounts
- Create a system that reviews and improvises every accounting aspect involved in the closing process
- Set a standard that makes everyone comply with the best practices in financial accounting
- Save time and avoid unnecessary delays over the issue of financial statements
Personal Impact
The partakers of this course can benefit in the following ways:
- Get equipped and empowered to centralise the accounting functions
- Learn to alter the timing of closing activities and thus having to work with ease as opposed to being stressed
- Master the technique to revise the content of financial statements
- Create, manage and maintain a financial accounting system that get you recognized for closing accounts effectively and efficiently
All accounting professionals involved in the preparation of financial statements, Financial controllers, finance managers, financial systems analysts, senior accountants, financial accountants, management accountants, general ledger accountants, assistant accountants, accounts receivable accountants, accounts payable accountants, payroll accountants, Management and Decision-makers who rely on timely and accurate financial information, Operations, logistics, and procurement professionals, Professionals who have responsibility and accountability for financial performance and the integrity of financial and information systems.
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