DCPA2229. Enabling Insights Through Agile Finance

Modern finance is quickly moving away from a traditional process like month-end close (MEC) towards Agile Finance with a continuous close process. In this session, it will explore the pitfalls, risks, and opportunities around a continuous closing model and its impact on finance & FP&A.

Learning Objectives:

• Identify who is moving towards a continuous business cycle and the types of businesses who appear to be moving first.
• Recognize why Agile Finance is so important and how the continuous business process can improve operations, create higher level of collaboration, and create ownership of data at various levels within an organization.
• List what’s in it for the CEO/Board, CFO, Operation Leads and staff accountants. We will also discuss the difference between client accounting teams and internal finance teams.
• Explore how to change the mindset within your organization and for clients of CAS firms to prepare for a continuous business cycle.