Most accountants understand what a balance sheet is, but fewer can say with confidence that every line is accurate, supported, and audit-ready at any given moment. In this webinar, Shana Cooper, CPA and founder of The AccountAbility Team, LLC, uses a comprehensive case study to guide participants through diagnosing balance sheet weaknesses and building the ownership, controls, and procedures needed to improve financial reliability.

Through a realistic mid-size organization scenario, participants will learn how to assess balance sheet health using 13 key characteristics, prioritize remediation with a risk-based methodology, and develop an action plan that creates meaningful activities, assigns clear ownership, and establishes proper documentation. This session emphasizes foundational accounting practices that support a trustworthy, audit-ready balance sheet regardless of the technology in use.

Areas Covered in the Session:-

• Diagnosing balance sheet weaknesses through a structured, characteristic-based assessment
• Prioritizing remediation using a risk-based methodology
• Assigning process area ownership and establishing SME roles
• Building tasks, standards, and workflows aligned to risk levels

Why Should You Attend?

• Identify common balance sheet weaknesses and prioritize remediation efforts using a risk-based methodology.
• Construct an action plan that assigns process area ownership, outlines standards, and designs effective workflows.
• Evaluate balance sheet governance techniques through a before-and-after case study comparison.
• Understand how SME roles, task standards, metrics, and continuous improvement loops help sustain balance sheet integrity.

Attending this webinar will help you strengthen confidence in your balance sheet review process and apply practical steps to improve accuracy, accountability, and audit readiness. You will leave with a clearer approach to building reliable financial reporting practices that support long-term balance sheet integrity.