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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.

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How Does Scenario Planning Work in FP&A Activities?

Spreadym

Predictive Scenarios Predictive scenarios are developed based on the analysis of historical data, trends, and statistical models. These scenarios aim to project future outcomes based on existing patterns and quantitative analysis. Normative scenarios are particularly valuable for strategic planning and policy development.