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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.

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Interest rates and the Modern CFO

CFO Talks

When interest rates remain stable, CFOs can confidently plan their finances, minimising the risks associated with interest rate fluctuations. Financial Planning and Analysis: Forecasting and analysing financial trends are fundamental skills for today’s CFOs.

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Elevating tomorrow’s finance leaders today

Future CFO

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

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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. The CFO looks at this budget with a telescope, considering how it fits with the company’s long-term plans and what changes might be needed. The duo contributes to financial analysis, with the CFO often spearheading this task.

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How Finance Teams Can Speed Up Monthly Reporting

Lime Light

Its uses for strategic planning are abundant and provide real value to organizations. Monthly reporting is a good way for companies to stay on top of how they are performing and structured.

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

Spreadym

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Experience: FP&A candidates may have prior experience in financial analysis, accounting, or related roles.

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Fractional CFOs for SMEs

Beacon CFO Plus

Compliance and Governance: Fractional CFOs adhere to financial regulations and reporting requirements, reducing the risk of legal and financial penalties. Strategic Planning: Fractional CFOs contribute to overall business strategy by aligning your company’s financial goals with broader organizational objectives.

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