Overview   

Month-end and year-end procedures are essential steps in the accounting cycle to ensure financial accuracy, compliance, and readiness for decision-making. These processes involve systematically recording transactions, reconciling accounts, preparing financial statements, and ensuring that records align with regulatory requirements. Proper execution of these procedures supports reliable reporting, smooth audits, effective tax compliance, and informed business planning. 

Join Doubt Moyo (ACCA, ICTA) on 23 July 2025, from 10:00 to 11:00, as he guides you through practical month-end and year-end workflows. He will highlight best practices, demonstrate how to avoid common pitfalls, and show you how structured processes can improve financial accuracy, efficiency, and compliance in your organisation.

Learning objectives  

By attending this webinar you will gain the following competencies: 

• Understand the purpose and importance of month-end and year-end procedures. 
• Apply a structured workflow to record, reconcile, and close accounts. 
• Prepare accurate financial statements for internal and external stakeholders. 
• Ensure compliance with accounting standards, tax regulations, and audit requirements. 
• Identify opportunities for process improvement and automation.    

Content 

The webinar will cover the following topics:  

• Introduction to Month-End and Year-End Procedures 
  o Definition and importance in financial reporting and compliance 
  o Impact on accuracy, decision-making, and fraud prevention 
  o Frequency and scope of activities 

• Month-End Procedures 
  o Recording transactions and reconciliations (bank, receivables, payables) 
  o Adjusting journal entries (depreciation, accruals, prepaid expenses) 
  o Inventory and fixed asset updates 
  o Preparation of management financial statements and review 

• Year-End Procedures 
  o Closing income and expense accounts 
  o Balance sheet reviews and reconciliations 
  o Inventory counts and valuation methods 
  o Provision and accrual reviews (tax, bonuses, commissions) 
  o Preparation for audits and compliance filings 

• Financial Reporting and Compliance 
  o Preparation of financial statements (Income Statement, Balance Sheet, Cash Flow, Changes in Equity) 
  o Tax compliance and audit readiness 
  o Stakeholder confidence and transparency 

• Process Improvement and Automation 
  o Using technology to improve speed, accuracy, and efficiency 
  o Automation tools for reconciliations, reporting, and workflows 
  o Change management and transition to new financial years 

Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   

About the presenter

Doubt Moyo  

Doubt Moyo is a dedicated and analytical financial accountant with a strong background in accounting, taxation, and forensic auditing. He holds a Bachelor of Commerce in Accounting from Midlands State University and a BCom in Applied Accounting from Oxford Brookes University. With extensive experience as both an accountant and a lecturer, Doubt has worked with institutions such as Richfield and Dateline College, where he has overseen financial records, prepared tax returns, and educated students in various accounting disciplines. Currently, he is the Managing Partner at Aphiwe Business Services, where he continues to impart knowledge and manage comprehensive financial services for clients.  

Who should attend?

The following persons will benefit from attending this webinar: 

• Bookkeepers. 

• Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA. 

• Trainee accountants. 

Price 

• R 265.00 - Online admission - Individual.  

• Group Price 1 - From R109 per person (up to 5 users)  

• Group Price 2 - From R71 per person (up to 10 users)  

• Group Price 3 - From R64 per person (over 11 users)  

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material

By attending this webinar you will be provided with: 

• A summarised slide presentation. 

• Reference documents and/or course material where available. 

• You can ask questions during the webinar and you will also have access to the presenter after the webinar. 

Corporate training solutions  

At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.  

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.  

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.     

Contact us    

Have any questions or need any assistance? Contact us today!  

• Online chat through our website.  

• WhatsApp: Start chatting (+27635026114)  

• Phone: 010 593 0466  

• E-mail: [email protected]