Balance Sheet Mastery: Creating a STRONG Reconciliation Process
Discover how to transform your account reconciliation process using the innovative STRONG framework. Shana Cooper, CPA and Founding Director of The AccountAbility Team, draws from her extensive experience to help you develop a comprehensive reconciliation approach that strengthens balance sheet integrity while improving efficiency and team competencies.
This practical webinar guides you through each component of the STRONG framework—Smarter Close Cycle, Trusted Financial Statements, Ready for Audit, Optimized Technology, Nimble Team, and Growth in Accounting Talent. You'll learn strategies to enhance your reconciliation process regardless of your organization's size or technology platform.
Key topics covered include:
The critical importance of quality reconciliations to balance sheet integrity
Implementing the six components of the STRONG reconciliation framework
Characteristics of effective reconciliations and underlying processes
Role-based responsibilities within the reconciliation lifecycle
Practical strategies for process improvement and automation opportunities
Governance and quality control measures that ensure consistency
Through detailed explanation and practical examples, attendees will learn to identify improvement opportunities, implement risk-based methodologies, and develop standardized approaches that maintain quality while enhancing efficiency. Cooper emphasizes the importance of balancing people, process, technology, data, and governance elements to achieve lasting improvements.
The webinar is valuable for all accounting professionals involved in the reconciliation process—from staff accountants to controllers and CFOs. Whether you prepare reconciliations, review them, or oversee the entire process, this webinar provides the framework and insights needed to strengthen your balance sheet and build team confidence.
Learning Objectives
Recognize what a STRONG account reconciliation process looks like and how it supports balance sheet integrity
Determine how a structured framework can help teams be more effective and efficient during financial close and audit
Explore strategies and leading practices successful teams use to enhance the quality of their account reconciliation processes
Business Benefits
Enhanced balance sheet integrity and financial reporting reliability
More efficient and effective reconciliation processes
Improved audit readiness and potential cost reduction
Reduced risk of financial misstatements
Strengthened team capabilities and morale
Strategic approach to reconciliation process management