Fpanda Club

SEPTEMBER 2, 2021

Performance management is a range of practices which a company uses to measure its performance and communicate results. Linked with financial planning, analysis and reporting, business performance management becomes an inalienable part of the FP&A teams’ activities. Turning to soft skills, it’s not so easy here.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Forecasting 130

VCFO

NOVEMBER 1, 2023

Now is also a good time to reach out to auditors (if an audit or CPA review is required) to plan the timing of the audit, discuss material changes in the business that might impact financial results and/or disclosures, and to obtain a list of their “PBCs” (schedules to be “prepared by client”).

Finance 88

Finance Strategic Planning Auditing CFO 88

Fpanda Club

FEBRUARY 5, 2024

Moreover, over 30% of finance leaders still do not have a seat at the table during strategic planning discussions. Monthly closing, reporting, compliance and support in audit are among the most frequent responsibilities mentioned in the descriptions. Literally almost everything but finance business partnering.

Finance 130

Finance Analyzing Data Communication Benchmarking 130

Future CFO

JULY 23, 2024

This is the view of Georgeta Elena Precup (Moran), CPA,CGMA , Operating Partner - Acting CFO, Advisory at Beyond Podiatry , emphasising how CFOs occupy a unique vantage point, overseeing not only financial health but also strategic planning , risk management, and corporate governance.

Auditing 59

Auditing Communication CFO Strategic Planning 59

CFO Talks

OCTOBER 31, 2024

Collaboration and open communication are also central to how I tackle difficulties. Working across borders requires not only expertise in financial and operational strategies but also the ability to navigate cultural nuances, communication styles, and varied business practices. Finally, strong communication skills are indispensable.

CFO 97

CFO Leadership Communication Problem Solving 97

CFO News Room

DECEMBER 16, 2022

Because much of an advisor’s job revolves around talking to clients and seeking new investment opportunities, excellent communication skills are essential in this role. IT auditors are responsible for conducting audits and should therefore be experts at this task, which may require financial institutions to appoint them.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

The Charity CFO

NOVEMBER 10, 2022

As a result, the organization might not adhere to Generally Accepted Accounting Principles (GAAP), which can trip them up come tax time or during an audit. This mitigates penalties, late filings, audits, and fraud (all too common in the nonprofit sector). Prepare for and manage an annual audit. Boosts donor confidence.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

The Charity CFO

JULY 2, 2024

The first thing you need to do to modernize your operations is assess your current processes and policies with an operations audit. During your audit, take a look at your current systems, workflows, and procedures to identify areas that are working well–and those that need improvement.

Nonprofit 52

Nonprofit Auditing Prioritization CFO 52

The Charity CFO

NOVEMBER 23, 2022

CFAs are best known for investment analysis and wealth planning, CPAs for tax preparation and financial statement auditing, and CFPs for financial planning. Excellent Communication Skills. The ability for communication, with various stakeholders, is essential for the finance director role. Strategic Thinking.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

E78 Partners

NOVEMBER 15, 2024

This evaluation aids in developing a strategic plan that improves the company’s performance and optimizes returns for investors. Foster Cross-Department Collaboration: Encourage departmental communication and collaboration to streamline processes and reduce redundancy.

Investments 52

Investments Prioritization Strategic Planning Leverage 52

E78 Partners

NOVEMBER 15, 2024

This evaluation aids in developing a strategic plan that improves the company’s performance and optimizes returns for investors. Foster Cross-Department Collaboration: Encourage departmental communication and collaboration to streamline processes and reduce redundancy.

Investments 52

Investments Prioritization Strategic Planning Leverage 52

CFO Talks

JULY 23, 2024

This requires a robust risk management framework and regular communication with key stakeholders. Conduct regular audits and provide training to employees to reinforce the importance of adhering to these controls. Engage in Strategic Risk Management Risk management should be integrated into your strategic planning process.

Risk Management 52

Risk Management CFO Compliance Communication 52

CFO Talks

MARCH 20, 2024

It’s about making plans for the company’s financial future and finding ways to make the business better. Example: When it’s time for an audit, the Controller is hands-on, working directly with the auditors, showing them the books, and explaining the details. Leave the daily grind to the Controller and trust your team.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

Spreadym

SEPTEMBER 27, 2023

It involves a set of processes, methodologies, metrics, and systems designed to help businesses effectively plan, monitor, and manage their performance to achieve their strategic goals and objectives. Budgeting and Forecasting: CPM involves the creation of budgets and financial forecasts that align with the strategic plan.

SAP 59

SAP Budgeting Forecasting Auditing 59

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. What makes for a sought-after chief finance professional (CFO)? These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Problem Solving CFO 52

CFO Simplified

DECEMBER 12, 2021

Leaders in finance are most successful when they have skills in communication, quantitative analysis, financial planning, and team building. Preparation for annual audits. Finance is strategic, accounting is tactical. Roles and Responsibilities in the accounting department include: Maintaining the books (Bookkeeping).

Accounting 52

Accounting Finance Cash Flow Forecasting Quantitative Analysis 52

Future CFO

NOVEMBER 15, 2023

This includes establishing clear data entry standards, validation rules, and periodic data audits. Collaboration and Communication CFOs should invest in collaboration platforms that allow multiple stakeholders to work on spreadsheets simultaneously while maintaining data security and version control.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

Onplan

DECEMBER 16, 2021

Developing long-range strategic plans that align with annual financial objectives Variance reporting and analysis Guiding strategic long-term planning Working with internal departments to understand their goals and objectives Board reporting. Knowing how to use technology as an advantage for any SaaS finance leader.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Accounting 52

Onplan

DECEMBER 16, 2021

Developing long-range strategic plans that align with annual financial objectives Variance reporting and analysis Guiding strategic long-term planning Working with internal departments to understand their goals and objectives Board reporting. Knowing how to use technology as an advantage for any SaaS finance leader.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Accounting 52

Future CFO

JUNE 16, 2025

For this matter, automation has taken the spotlight to allow organisation heads to zoom out and look at the big picture, making way for more strategic planning to thrive amid the unending shifts in the market. And because the data is clean and consistent, there's less back-and-forth chasing down numbers or correcting reporting errors."

Profit and Loss 59

Profit and Loss Reconciliations Finance Forecasting 59

VCFO

MARCH 31, 2022

Be sure to ask about their communication style and how you will be updated on the work throughout the relationship. Ensure that expectations will be met when it comes to timeliness of communications and actions. Confirm their ability to accommodate changing schedule needs, response timing expectations, and more.

CFO 52

CFO Communication Auditing Budgeting 52

CFO Talks

MARCH 14, 2024

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department. The CFO of Eco Innovate Inc.,

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Talks

FEBRUARY 13, 2022

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants.

CFO 40

CFO Construction Accounting Currencies 40

CFO Simplified

JANUARY 2, 2022

Reliance Upon Outside Audits . It can be tempting to rely upon an annual audit to catch fraud. Corporate cards also allow companies to set credit limits, forcing employees to communicate formal requests when they need access to more funds. Email and phone protocols, codes, and safeguards.

CFO 52

CFO Auditing Accounts Payable Securities 52