What is a post-close review, and who should attend?

Detailed Explanation

A short structured look back at the cycle that just finished: what ran late, what broke, what was escalated, and what recurred from last month. Attendance should cover everyone who owns a dependency — not just the finance team, but the operations and IT owners of the systems and data that fed it, since a large share of close problems originate upstream. The output is a prioritised list of process changes for the next cycle. Without that, the same issues recur and the close gets described as inherently painful rather than as a process nobody has fixed.