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How co-sourcing can drive an agile tax and finance function

Future CFO

Beyond that, CFOs are expected to optimise every investment dollar for maximum returns on investments and be involved in all discussions and matters that have a financial impact on the company. The TFO team typically consist of dedicated accounting and tax professionals working in tandem to support the CFOs holistically.

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Surviving the pandemic aftermath: an FP&A perspective

Future CFO

Tam noted that FP&A professionals will then need to “revisit their financing and liquidity strategies, centralize decisions for cash release upon the applications of government stimulus, and implement tax planning strategies that can reduce cash expenditures and preserve budget.”.

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2022 Best-Of Highlights From The Nerd’s Eye View Blog

CFO News Room

In addition, taking a systematic approach towards participating in and using industry benchmarking studies also indirectly helps advisory firm owners overcome the challenges of collecting, organizing, and comparing their firm’s data.

Planning 130