article thumbnail

Where Can FP&A Career Path Take You?

Fpanda Club

The list of typical FP&A activities usually includes planning, budgeting, forecasting, analysis, management reporting and performance management. Forecasting is the practice of making regular predictions about the company’s expected future results based on the past and present data as well as on the anticipated future events.

article thumbnail

Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

However, they still have a place in corporate finance and accounting. LLMs are already reshaping the productivity landscape across the business world, including finance and accounting departments. They can generate, drafts for presentations, emails, and reports, saving employees time and effort on routine tasks.

Finance 95
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

How Data Guides A New Era For The ERP

PYMNTS

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. He pointed to financial reporting as one example of this shift.

article thumbnail

34 Competencies required to become a CFO(SA)

CFO Talks

The Steward must ensure company compliance with financial reporting and control requirements. Competencies include: Working knowledge of risk management, budget, and forecasting tools. This role is oriented toward best practices of the finance function itself. Corporate finance. Project management.

CFO 52
article thumbnail

12 Best Paying Jobs in Finance in 2023

CFO News Room

Financial managers are similar to personal financial advisors, except they monitor businesses’ financial well-being instead of individuals. Most financial managers have previous experience working in market analysis and forecasting positions similar to this one. Financial Reporting Skills.

Finance 130
article thumbnail

TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

However, they still have a place in corporate finance and accounting. LLMs are already reshaping the productivity landscape across the business world, including finance and accounting departments. They can generate, drafts for presentations, emails, and reports, saving employees time and effort on routine tasks.

Finance 52
article thumbnail

Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Delegation and Empowerment: No CFO can do it all alone.