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From Controller to CFO: What Changes?

CFO Talks

The CFO looks at this budget with a telescope, considering how it fits with the company’s long-term plans and what changes might be needed. Financial Analysis: The CFO decides what financial analysis to do to improve the business and shares these insights with other department heads.

CFO 52
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From Necessary Evil to Mission Fuel: The Strategic Role of Nonprofit Financial Statements

The Charity CFO

This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. It enables financial analysis to identify cost-saving opportunities, manage expenses, and ensure efficient resource allocation. accounts payable, loans).

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What Controllers Can Do to Help Leverage FP&A Solutions

The Finance Weekly

These offices, sometimes called the Office of Strategy Management (OSM) or Project Management Offices (PMO), handle measures, reporting, strategic projects, alignment, communications, and strategic planning, which are all under the guise of CPM. 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.