Free close check
How ready is your month-end close?
Eight yes-or-no questions. Two minutes. A score out of 100 and the three things most likely to come up in an audit or a diligence request. No account and no login; the result is on this page, and we can email it to you if you want it.
1.Could you hand an auditor the complete close package for a period that closed six months ago, without rebuilding any of it?
2.Is every balance sheet reconciliation attached to the close as the actual file, rather than described in a note or kept in someone’s folder?
3.Can you show who reviewed last month’s bank reconciliation, and when, without asking them?
4.Does every close step have a named preparer and a different named reviewer?
5.Are the explanations for material month-over-month movements written down each month, not reconstructed when someone asks?
6.Are the source reports behind the close (trial balance, bank statements) captured as-of files, so a re-pull later cannot quietly change them?
7.Does the close calendar carry a due date for every step, and do you know which steps ran late last month?
8.Do you close the books within ten business days of month end?
Answer all 8 and the score appears here.
A close you can hand to anyone, for any period
FinReadi Close puts a preparer and a reviewer on every step, attaches the support where it belongs, and exports a package an auditor can follow. Published prices, no implementation fee, from $4,000 a year.