article thumbnail

Budget vs Actuals: The Key to Measuring Business Performance  

Centage

Staying on top of your financial performance is vital for running your business. Unfortunately, creating a perfect budget doesn’t mean that you’ll follow it. Budget vs actuals analysis is one of the most effective ways to maintain a clear picture of your company’s performance. Subtract Actuals from Budgets.

article thumbnail

The 5-Minute Guide to Nonprofit Finances

The Charity CFO

It’s a myth that all stakeholders need to be experts in every aspect of nonprofit finances. Even on nonprofit financial committees, some members may be skilled in accounting, others in banking, and others in investing or financial analysis. Because the basics of nonprofit finances are easy to grasp. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

How to Find the Best FP&A Candidates for Your Team

Spreadym

Financial Planning and Analysis (FP&A) candidates are professionals who specialize in financial planning, budgeting, forecasting, and analysis within an organization. They play a critical role in helping companies make informed financial decisions and allocate resources effectively.

article thumbnail

Real Advice for Transitioning Into Finance Leadership

Collectiv

In this episode, we chatted about ways to make the transition to a leadership career in finance, what the experience was like, and how CFOs can continue to succeed in 2023 and beyond. Why Transition Into a Finance Leadership Role? Melissa took these newfound skills into a forward-thinking finance position.

article thumbnail

Key features for FA&P software to choose the best one

Spreadym

Financial analysis and planning (or FA&P) software is a type of business software that helps companies manage their finances and operational activity by analyzing financial data and providing tools to plan, forecast and make budgets for efficient business growth.

article thumbnail

From Controller to CFO: What Changes?

CFO Talks

Both the CFO and Controller deal with the company’s finances, but they focus on different things. Key Differences in Everyday Tasks: Reporting: The Controller prepares financial reports; the CFO reviews these reports and uses them to make decisions or plan strategies. What’s Different? Trying to do both jobs.

CFO 52