Faithin Omaha eBook Collection

Download or read book Closing the Books: Sixth Edition written by Steven M. Bragg and published by Accountingtools, Incorporated. This book was released on 2021-08-28 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Closing the books is one of the key functions of the accounting department. Closing the Books reveals how to do so promptly and accurately, so that financial statements can be issued shortly after the end of the reporting period. The book discusses the entire process of how information is summarized into the financial statements, as well as the many reporting formats that are available. It covers the full range of closing steps, and shows how to fine-tune the closing process to achieve a shorter close. In addition, the book addresses the controls and record keeping needed for the closing process.