Fiscal Year-End Closing (Web)
Time:

Guide to Fiscal Year-End Closing (online)

This guide will walk you through the key activities that Departments, Laboratories, and Centers (DLCs) perform during the fiscal year-end close, in preparation for publishing MIT's financial statements and the Treasurer's Report. The guide is provided to help ensure that MIT's audited financial statements are in compliance with Generally Accepted Accounting Principles (GAAP).

This training is the online version of the Fiscal Year-End Closing In-Person Workshop.  The online course covers the same material as the workshop, and taking either version gives you credit for the Fiscal Year-End Closing course, especially those new to the material, may find it valuable to also attend the in-person version for live Q&A and networking opportunities.

This training covers:

  • The fiscal year-end process
  • Your role in the process
  • The fiscal year-end checklist
  • Fiscal year-end activities and timing 

Completion time: approximately 30 minutes 

Target Audience:

Anyone involved in the year-end process

Assignments this course will fulfill:

Fiscal Year-End Closing