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Why Is Financial Analysis Important?

CFO Network

If you’re a business owner and you can’t easily answer these questions, there is a good chance you need to consider financial analysis. Financial analysis can help you get a better idea of your organization’s larger financial picture. What Is Financial Analysis? Why Is It Important?

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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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Elevating tomorrow’s finance leaders today

Future CFO

To fulfil these requirements, soft skills such as stakeholder management, relationship building, emotional intelligence, problem solving and communication are crucial for finance professionals in 2021 alongside core technical capabilities such as financial planning, modelling and data analysis. .

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

But one way that generative AI is likely to be particularly transformative for finance functions is the speed and accuracy with which it can deliver the “why” behind automated financial analyses. That said, leading finance organizations are already experimenting with and, in some cases, using AI to drive more informed decision-making.