Fast Closing Month-End & Year-End Accounts

Finance & Accounting · 5 Days · Public · Al-Khobraa certified · From USD 3,900

Overview

Fast Closing Month-End & Year-End Accounts Course expertise has become a critical requirement for organizations striving to improve reporting speed, strengthen governance, and support timely decision-making. As financial data volumes continue to grow, many organizations find their traditional closing processes outdated, inefficient, or unable to meet modern performance expectations.

Learning Objectives

• Identify fast-close processes, strategies, and globally recognised best practices
• Evaluate organisational policies, procedures, and documentation related to fast close
• Understand the impact of fast-close performance on financial and operational decisions
• Provide faster, more reliable data to support month-end and year-end reporting
• Recognise departmental requirements and contributor roles in financial reporting

Who Should Attend

This course is designed for accounting professionals, financial controllers, finance managers, and other professionals seeking to strengthen their capability in this area.

• Accounting professionals
• Financial controllers
• Finance managers
• Systems analysts
• Senior accountants
• Accounts payable accountants
• Payroll accountants
• Professionals

Course Outline

Day 1 — Introduction to Fast Close Concepts

• Different types and benefits
• Steps needed to achieve a fast close
• Analysing and reviewing the current closing process
• Redesigning the closing cycle

Day 2 — Developing A Fast Close Strategy

• Examining closing activities and requirements
• Best practices in attaining fast close, soft close and virtual close
• Optimising charts of accounts and journal entry requirements
• Organising corporate resources to achieve fast close

Day 3 — Managing Change and Utilising Technology

• Standardisation, customisation and centralisation
• Reviewing paradigms and the difficulties of effecting changes
• Force field analysis
• Change management exercises

Day 4 — Operational Implementation of a Fast Close

• Examining the pre-close and fast close processes
• Adopting benchmark and other measurement standards
• Key performance indicators (KPIs)
• Documenting fast close processes incorporating the utilisation of checklists

Day 5 — Financial Reporting and Ongoing Improvements to the Closing Process

• Design and implementation of controls needed for financial reporting
• Improving the closing process and adopting improvement measurements
• Identifying management reporting criteria
• Summary of the course

Accreditation

Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.

Dates & Venues

Dates	Venue	Delivery	Duration	Fee (USD)
27–31 December 2026	Dubai, UAE	Public	5 days	3,900

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Frequently Asked Questions

What do Al-Khobraa finance and accounting courses cover?

The portfolio covers IFRS (International Financial Reporting Standards) and IPSAS, financial analysis and reporting, budgeting and forecasting, cost and management accounting, accounts payable and receivable, internal controls and audit, and finance for non-finance managers.

Who should attend a finance and accounting course?

These courses suit accountants and financial analysts, finance managers and controllers, budgeting and planning staff, internal auditors, accounts payable and receivable teams, and non-financial managers who own a budget or read financial statements.

How long are finance and accounting courses, and where are they held?

Most Al-Khobraa finance and accounting courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.

What certificate will I receive?

Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.

Can finance and accounting training be delivered in-house for our team?

Yes. Any Al-Khobraa finance and accounting course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.

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