GoFast.Finance/BC-SHORT-01: Close Month End Variances with Decisions

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[Actuals] Close Month End Variances with Decisions

  • Course
  • 6 Lessons

Run a reliable close: sanity checks, driver-based variance logic, and short narratives. Turn explanations into tracked actions, not slides.

⏱️ Less firefighting: Use a clear checklist to prevent last-minute rework.

🧠 Clearer reviews: Bring driver-based explanations so meetings focus on choices and follow-up.

🏢 Better performance: Surface issues early enough to correct course before they repeat.

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Who this is for

Junior controller and FP&A analyst owning month-end packs and variance commentary for a plant, function, or segment.

Plant controller or cost accountant who wants a repeatable close routine and clearer variance narratives.

Prerequisites

Knowledge: Participation in at least one month-end cycle and basic variance concepts.

Tools: Access to ERP or reporting extracts for your scope plus a spreadsheet tool.

Learning Outcomes

  1. Run a month-end checklist that prevents rework for your scope.

  2. Explain variances using drivers, not account-by-account debate only.

  3. Turn variance insights into decisions, actions, and owners.

  4. Track follow-through so corrective actions do not drift.

CPE Information

  • Eligibility: currently not eligible

  • Watch time: about 2 hours

  • Total learning: about 3 hours

  • Estimated credits: 2.0

Contents

Module 1: Build a reliable close and variance story

Lesson 1: Map your month-end loop and checklist
Lesson 2: Sanity checks that stop rework
Lesson 3: Driver-based variance triage

Module 2: Turn variances into decisions and follow-through

Lesson 4: Build a decision-ready monthly pack
Lesson 5: Frame decisions and capture actions
Lesson 6: Follow-through and next-month prevention