Audit & Compliance

Year-End Closing Checklist Template

Comprehensive checklist for all year-end close procedures and financial statement preparation steps.

How to use this template

1

Prepare pre-close procedures

Complete reconciliations, review GL, record accruals, and resolve prior period items.

2

Record adjustments

Record journal entries for depreciation, amortization, deferred taxes, and other adjustments.

3

Prepare schedules

Prepare all supporting schedules for significant accounts and disclosures.

4

Prepare financial statements

Prepare draft financial statements and note disclosures for review.

5

Final review and sign-off

Obtain management review and sign-off on final financial statements and schedules.

Why use this template

  • Ensures all year-end procedures are completed in organized manner
  • Prevents omission of critical close steps or disclosures
  • Streamlines the financial statement preparation process
  • Provides clear checklist for follow-up and quality assurance

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