Start a conversation ↗

Description

Year-End Closing: Cycle Reviews, Sign-Off and Statutory Reporting Pack

Secure inventory and cut-off work, cycle-by-cycle account reviews and the production of financial statements

  • 3 days — 21 h
  • In-person or virtual
  • All levels
  • Up to 6 participants

The closing period concentrates the difficulties: imprecise cut-off of transactions, provisions open to challenge, poorly tracked fixed assets, gaps between the accounting records and tax filings. Delays build up and corrections arrive after the accounts have been submitted.

Three days structured around the way a closing actually unfolds: preparation and the review file, inventory work, treatment of sensitive accounting matters, the move from accounting profit to taxable income, and the preparation of financial statements. The programme addresses the year-end sign-off, not day-to-day bookkeeping entries.

Learning objectives

  • Organise the closing through a reverse schedule and a structured review file
  • Carry out inventory work and cut-off controls between financial years
  • Handle sensitive matters relating to fixed assets, inventories and provisions
  • Move from accounting profit to taxable income
  • Prepare the financial statements and support the notes to the accounts

What makes this programme different

A complete review file is built cycle by cycle
The points most often disputed with the auditor are worked through in session
The move from accounting profit to taxable income is applied to a full case

Programme

1Organising the closing

Holding the timetable

  • Reverse schedule and allocation of the work
  • Structure of the review file
  • Preliminary controls on trial balances and suspense accounts
  • Collection of supporting documents and external confirmations

2Inventory and cut-off work

Recording each transaction in the right period

  • Cut-off on purchases and sales
  • Physical inventory count and valuation of stock
  • Prepaid expenses and deferred income
  • Bank reconciliations and cash accounts

3Sensitive accounting matters

Supporting the positions taken

  • Fixed assets, depreciation and components
  • Impairment of receivables and inventories
  • Provisions for risks and charges
  • Grants, commitments and non-routine transactions

4From accounting profit to taxable income

Building the adjustments

  • Common add-backs and deductions
  • Tracking of tax losses and tax credits
  • Consistency between the accounting records and tax filings
  • Contents of the corporate tax return pack

5Financial statements and handover of the accounts

Producing accounts that can be supported

  • Preparation of the statement of financial position and the income statement
  • Drafting and consistency of the notes to the accounts
  • Documentation and substantiation of balances
  • Preparing discussions with the auditor and the shareholders

Who is it for

Sole accountants, practice staff, chief accountants and finance and administration managers involved in the year-end sign-off of accounts.

Prerequisites

Command of routine accounting entries and the ability to read a general ledger.

Dates & locations

36 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.