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The Relationship Between a Fractional CFO and Your Public Accounting Firm

Beacon CFO Plus

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

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What is Financial Planning and Analysis (FP&A)?

Spreadym

By forecasting revenues and expenses, and creating budgets, organizations can prioritize investments, set realistic targets, and optimize resource allocation across departments or business units. This enables management to take corrective actions, implement efficiency measures, and evaluate the success of initiatives.