Park Avenue Presentations: TIN Matching and B Notices: Best Practices to Minimize Errors on IRS Form 1099 Information Returns

Streamlining the Month-End Reporting Closing Process

Wednesday, May 13, 2020 at 2:00 pm ET

Duration: 60 minutes

Bonus for Each Registrant: The webinar speaker will answer one written question that you may submit by email within one week after the webinar.

Special Feature: If you register for this webinar and cannot attend, you will be able to access a one-time instant replay without charge for up to 90 days after the date of the webinar.

Webinar Description

Every business needs to know how it is doing financially and they need to know it fast. Business managers need to know how their activities are impacting the company financials. The more timely they receive their reports and the better the manager understands this information, the better equipped they are to make effective business decisions.

Accounting must strive to respond to these needs while protecting the reliability of the reports produced. Attend this webinar to better understand how to improve the balance between these two goals. Join us to learn how to push through the obstacles to timely closing, report generation and distribution.

We will share best practices for closing the books, performing period end analysis and producing financial reports within 2 days of month-end. We will discuss the key reasons for closing and reporting delays and how to overcome these obstacles to improve your closing process and timeline.

Agenda

This webinar will teach you how to:

Outline the closing process to identify the common barriers to timely and efficient month-end closing
Ensure clean and timely cut-offs of business activities at month-end
Identify tactics for eliminating the barriers to timely closing
Evaluate each step in the closing process to determine the earliest possible moment where each one could be started/completed
Discuss completing month-end accruals so as to prevent delays in the reporting timeline
Leverage your banking relationships for speedy closing
Discover how to work more effectively with other departments (beyond your control) that provide closing information to ensure zero delays in your closing process
Discuss automating report generation using MicrosoftTM ExcelTM
Discuss alternatives to Excel report generation for even faster delivery

Logistics

60-minutes (Travel-Free) delivered over the Internet.
Unlimited listeners per connection - bring the entire department.
Q&A session with the expert.

This event will be presented live with a PowerPoint presentation to be viewed on your computer. You may listen to the audio of the webinar by telephone or through your computer. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.

What is a webinar?

A webinar is a live Internet based seminar. Webinars are a way for participants in many different locations to see and hear a presentation and view PowerPoint slides. You can also have your colleagues attend the webinar using one connection.

What kind of equipment do I need?

You will need a computer with an Internet connection (high speed service such as DSL or cable works best) and a telephone.You may listen to the webinar through your computer speakers, in which case you will not need to use a telephone connection. Internet access is not required for phone-only participants, but you will not be able to see the speaker’s slides.

How can I share the webinar with my colleagues who may not be able to attend the event?

CDs of each program will be available for sale and can be shared with your business associates.

Can I get a copy of the PowerPoint slides used in the webinar?

The PowerPoint slides will be available on the materials page link in the confirmation email that will be sent to you no later than the morning of the day a webinar is presented.

How do I ask a question during the webinar? Will my question be answered during the presentation?

A question and answer session will be scheduled at the end of each webinar. You can then ask a question by typing it into the question box that will be provided to you duringthe webinar. You may also ask a question through the telephone connection. As many questions as possible will be answered during the Question and Answer period.