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The Key Differences Between a Controller and a CFO in Small Businesses

CFO Share

Strategic Planning and Forecasting CFOs create long-term financial plans and forecasts. They analyze market trends and economic data to predict future financial performance and guide strategic decision-making. They regularly audit processes to maintain the integrity of financial operations.

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Two CFO-Level Accounting Tools to Add Value to Your Accounting Services

The CFO College

Acquiring these advanced types of services, like setting up a permanent audit trail, rolling cash forecast, month-end reporting, and strategic planning, is the secret sauce your potential client needs to know how their money flows in and out of their company (and what their financial future will look like).

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Why Excel Spreadsheets Are Not Meant for Business Budgeting

Centage

Consolidating your financial data across several general ledgers quickly becomes complicated when you use spreadsheets. Fortunately, Planning Maestro offers cloud budgeting and planning software that simplifies the financial consolidation process. Excel is ideal as a single-user tool.

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Keep Proprietary Processes Secret

CFO Simplified

The general ledger layout is generic in nature. The non-standard reporting creates minor issues with annual bank audits. The company has never created a budget for planning purposes. Financial Reporting and Accounting. Some account allocations are miscoded, leaving zero balance accounts negative.

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216: Farhaan Moolla: Innovative Leadership: The Journey of a modern and dynamic CFO

CFO Talks

Farhaan Moolla: Innovative Leadership: The Journey of a modern and dynamic CFO Written by: Staff writer In this podcast Farhaan Moolla, a seasoned CFO with a notable career in financial leadership and strategic planning, shared his journey, beginning with his entrepreneurial family background. And as I said, he’s a qualified CA.