Tips for a Smoother Year-End Close

When it comes to close processes, it’s fair to say that the monthly close is important, the quarter close is more important, and the year-end close is the most important of all. The year-end close is a critical stage of the overall accounting and reporting process for both private and public companies. It sets the stage for the financial reporting, auditing, and taxes. The stakes could not be any higher, the pressure is on to get things right, and time is of the essence! Once the books have…