Changing the culture
The commitment of the members and senior managers is essential for faster closing to succeed. The wider organisation will also need to be involved.
 Public body     External auditor

Planning and introducing
Faster closing of accounts involves the public body and the auditor working together through the year to meet tighter deadlines. Effective project management is key to getting the process right.
 Public body     External auditor

Working in year
Financial controls assist managers to run the business. Preparing monthly and quarterly reports through the year assists in preparing accounts at the year end.
 Public body     External auditor

Closing and reporting
To achieve faster closing, public bodies and their external auditors must plan for and manage the accounts closure process.
 Public body    External auditor