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

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).