Remove Accounting Principles Remove Analyzing Data Remove Budgeting
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FP&A’s Scope: What Is In And What Is Out?

Fpanda Club

In this blog post I wont focus on the activities that fall into FP&As scope by default, such as budgeting, forecasting and regular analysis. Such tasks as reconciling accounts, monthly closing, preparing financial statements are part of the accounting cycle and are typically managed by accounting departments.

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The Dual Purposes of Accounting and Fundraising Software

The Charity CFO

This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles. Let’s explore why these two systems will likely never fully integrate by considering their separate purposes and data requirements.