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  2. Financial close management - Wikipedia

    en.wikipedia.org/wiki/Financial_close_management

    Financial close management [1] (FCM) [2] is a recurring process in management accounting by which accounting teams verify and adjust account balances at the end of a designated period [3] in order to produce financial reports representative of the company's true financial position [4] to inform stakeholders such as management, investors, lenders, and regulatory agencies.

  3. End of the year business checklist: 7 tasks to do now - AOL

    www.aol.com/end-business-checklist-7-tasks...

    NEXT shares a checklist to help small businesses navigate tax preparation, bookkeeping, financial analysis, business strategy, and more. End of the year business checklist: 7 tasks to do now Skip ...

  4. Closing entries - Wikipedia

    en.wikipedia.org/wiki/Closing_entries

    Closing entries are journal entries made at the end of an accounting period to transfer temporary accounts to permanent accounts. An "income summary" account may be used to show the balance between revenue and expenses, or they could be directly closed against retained earnings where dividend payments will be deducted from.

  5. Accounting period - Wikipedia

    en.wikipedia.org/wiki/Accounting_period

    The end of the fiscal year would move one day earlier on the calendar each year (two days in leap years) until it would otherwise reach the date seven days before the end of the month (August 24 in this case). At that point it resets to the end of the month (August 31) and the fiscal year has 53 weeks instead of 52.

  6. Your Year-End Financial Checklist: What To Do in the Final ...

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  7. Your Year-End Financial Checklist: What To Do in the Final ...

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