Remove Accounting Remove Financial Analysis Remove Financial Modeling
article thumbnail

FP&A’s Scope: What Is In And What Is Out?

Fpanda Club

Such tasks as reconciling accounts, monthly closing, preparing financial statements are part of the accounting cycle and are typically managed by accounting departments. The role of FP&A teams is to intervene right after that, using those outputs for deeper analysis and insights.

article thumbnail

5 Excel-heavy Pain Points still Dragging down finance teams in 2025

The Finance Weekly

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? They have a five person accounting team who spend an unwieldy amount of time dumping data from NetSuite into Excel. All involving Excel data manipulation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Generative AI is a game changer

Future CFO

Yes, in the sense that there are a lot of analyses that can now be handled by Gen AI and No, because it transforms accountants from number crunchers to strategic advisors. It still needs a level of financial acumen to probe the data and ask the right questions to the system.

Auditing 111
article thumbnail

Where Can FP&A Career Path Take You?

Fpanda Club

This process usually presumes the close collaboration of FP&A teams with business leaders and executives to align goals and expectations and create a common financial model of future revenues, costs and cash flows based on the external and internal factors and conditions.

article thumbnail

The Future of Finance and Sustainability with Elizabeth Burns

CFO Talks

Accountability is another key component. The AFE lays out clear lines of responsibility, documenting who approved what and ensuring departments are held accountable for financial decisions. From digital tools for financial analysis to technologies that improve operational efficiency, staying ahead of the curve will be key.

Finance 98
article thumbnail

Finance vs. Accounting

CFO Simplified

The terms “finance” and “accounting” are often used interchangeably. There are, however, very real differences between finance and accounting. While many business owners look for a CFO to bolster their existing accounting team, here at CFO Simplified, we consider that a CFO would be categorized squarely in the finance category.

article thumbnail

How to Find the Best FP&A Candidates for Your Team

Spreadym

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Experience: FP&A candidates may have prior experience in financial analysis, accounting, or related roles.