article thumbnail

Turning challenges into opportunities: being a financial controller in 2024

Future CFO

As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary. She adds that impeccable financial analysis is key as effective communication and relationship-building skills foster an innovative and inclusive culture.

article thumbnail

What is Financial Planning and Analysis (FP&A)?

Spreadym

What is Financial Planning and Analysis or FP&A? FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. Financial Analysis: Financial analysis is a continuous stage that runs throughout the FP&A process.

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

All about the chart of accounts

Spreadym

By using the chart of accounts, organizations can ensure that financial information is recorded in a logical and structured manner, facilitating efficient bookkeeping, financial analysis, and compliance with accounting standards and regulations.

article thumbnail

Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation. 1] Robert Half and Protiviti are members of the Microsoft AI Cloud Partner Program.

article thumbnail

Elevating tomorrow’s finance leaders today

Future CFO

Controllers: Companies don’t have access to historical data to benchmark their responses and performance against or help model future scenarios. CFOs must take a central role in an organisation, helping to guide business decisions with a high level of business acumen and commercial mindedness.

article thumbnail

What to expect from accounting firms specializing in nonprofits

The Charity CFO

They understand the complexities of nonprofit accounting, including fund accounting, grant accounting, and compliance with IRS regulations. They can help you develop budgets, financial projections, and cash flow forecasts to ensure your nonprofit is financially sustainable.