Speeding Up The Close

Speeding up the remnant Speeding up the obstruct The article I choose to review is Speeding up the close by Gaye van den Hombergh and Laurie Streling from the magazine pecuniary Executive June 2004 issue. Companies with a 12-month accounting period otherwise get it on as a monetary year are internal climax up with alternative ways to reduce metre and zip up up the process to meet the impend 60-day deadline.

This article discusses fiscal year and the abilities of companies to close the books quickly to entrance real time financial results, which, in turn, lead to better purpose making. Companies spend or invest funds in projects that hopefully give the starchy more profitable, having real-time financial results would make this more efficient. hot closings means more time for the connection to process the numbers, excessively a rapid close is a sign of the qualification and success of management and the company. If management has real-time financial results it allows th...If you require to get a full essay, assure it on our website: OrderCustomPaper.com

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