Remove Accounts Payable Remove Financial Analysis Remove Risk Management
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From Controller to CFO: What Changes?

CFO Talks

Financial Analysis: The CFO decides what financial analysis to do to improve the business and shares these insights with other department heads. Accounting Responsibilities: Both the CFO and Controller collaborate on overseeing the annual audit, ensuring thoroughness and compliance.

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What Controllers Can Do to Help Leverage FP&A Solutions

The Finance Weekly

In this way, the FC can provide high-detail, granulated financial analysis that can be used by the CFO for broader financial planning. A collaborative approach can also vastly improve risk management.

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Finance vs. Accounting

CFO Simplified

Accounting focuses on the day-to-day flow of money in and out of a business. . Accounting teams are responsible for: Invoicing. Recording and paying accounts payable invoices. Reconciling accounts. The accounting team provides income statements, balance sheets, and cash flow statements. Creating reports.

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What is the percentage-of-sales method?

Cube Software

That also makes it handy for working out in the forecasted financial statements what’s performing well and what isn’t, and by extension setting financial goals for the company. So it’s not just a nice-to-have in your financial arsenal—it’s a necessity. Sorry, would-be laptop purchasers.

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