Fast, Fast, Fast Printing: An Instructional Case Examining the Financial Close Process

21 Pages Posted: 14 Jan 2011

See all articles by Diane Joyce Janvrin

Diane Joyce Janvrin

Iowa State University - Department of Accounting and Finance

Date Written: January 14, 2011

Abstract

This case examines the financial close process for a national print company called Fast, Fast, Fast (FFF) Printing. You are an assistant accountant for FFF Printing and are excited and ready for a wide variety of responsibilities. Each time you ask your supervisor, Controller Charlie Carr, about new duties, he replies that he will investigate new duties once he finishes up the financial close process. This assignment requires you and your teammates to develop methods to improve the financial close process. When your investigation is complete, you will present your written results to the Controller, including (1) current problems with the financial close process and (2) proposed solution(s).

Keywords: financial close, early estimate process

JEL Classification: G41

Suggested Citation

Janvrin, Diane Joyce, Fast, Fast, Fast Printing: An Instructional Case Examining the Financial Close Process (January 14, 2011). Available at SSRN: https://ssrn.com/abstract=1740251 or http://dx.doi.org/10.2139/ssrn.1740251

Diane Joyce Janvrin (Contact Author)

Iowa State University - Department of Accounting and Finance ( email )

College of Business
Ames, IA 50011-2063
United States

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