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Speeding up the close
Essay specific features
Written by:
Barbara V
Date added:
July 26, 2013
Level:
Grade:
A
No of pages / words:
3 / 767
Was viewed:
9780 times
Rating of current essay:
Essay content:
This article discusses fiscal year and the abilities of companies to close the books quickly to access real-time financial results, which, in turn, lead to better decision making. Companies spend or invest funds in projects that hopefully make the firm more profitable, having real-time financial results would make this more efficient...
displayed 300 characters
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Faster closings means more time for the company to process the numbers, also a rapid close is a sign of the efficiency and success of management and the company. If management has real-time financial results it allows them to respond more efficiently to changes in the market, which, in turn, help investors make significant investment decisions...
displayed 300 characters
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