CFO Edge Logo
  Home > Resources > Period-End Closing Article  

Ensuring Orderly Period-End Closing Procedures

  Arthur F. Rothberg, Managing Director, CFO Edge, LLC  
  Open as PDF Open the entire article as a PDF  
  Article Summary  
For the purposes of maintaining control over internal accounts and safeguarding long-term accounting consistency, it is integral to create efficient period-end closing procedures. Though these systems can be complex, a well-planned set of internal controls can make the period-end close process more manageable as well as ensure a desirable outcome.

This article looks at best practices that characterize efficient and successful period-end closing processes. Included are discussions of a company’s capacity and means of open communication; the characteristics of a clear and thoroughly organized plan of action for period-end closings; and other essential internal controls.

It can often be difficult to coordinate period-end closing processes internally. Los Angeles CEOs and CFOs may find it useful to consult with an outsourced CFO services provider who can keep employees well-informed and coordinate period-end closing processes for minimal conflict.

  Open the entire article as a PDF  
Subscribe to CFO Inside Edge

Our monthly newsletter delivers first notice of new white papers and articles plus remarks on performance challenges and solutions. View past issues and subscribe.

CFO or Controller: What's Right for Your Business?
White Paper
CFO or
What's Right
for Your
Outsourced CFO Services
White Paper
CFO Services
Performance Measurement
White Paper
Performance Measurement
Strategic Planning & Forecasting
Year-End Strategic Planning & Forecasting
Planning a Business Exit White Paper
White Paper
Planning a
Business Exit
CFO Edge Blog CFO Edge on Twitter CFO Edge on LinkedIn
Intuit Certifications