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10 Types of Financial Models

The Finance Weekly

Financial models are essential for organizations, helping forecast financial performance using historical data and future projections. Financial modeling involves creating a mathematical representation of a company's financial situation, typically using tools like Excel.

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Finance and GenAI: managing risks and adding value

Future CFO

Gerry Chng , Risk Advisory Executive Director at Deloitte Singapore , sees that one of the key uses of Generative AI is the ability to create synthetic data to augment existing data points in a more cost-effective manner, which in turn makes it easier to conduct financial modelling and risk analysis.

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The Business Case for Hiring Transitioning Military Veterans

CFO Leadership

Chamberlain helps veterans address this crucial technical skill through financial modeling certifications. In order to build this “must-have” understanding of finance and accounting, Chamberlain’s veteran-to-finance initiative has leveraged financial modeling certification as a valuable tool.

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Riding The Disruption Wave

Global Finance

As CFOs navigate this complex terrain and adapt their business processes, and decide how large a financial commitment to make to it, they must understand the implications for their financial models, risk management practices, and overall business operations. We dont always see that happen, she says.

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Where Can FP&A Career Path Take You?

Fpanda Club

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

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The Mentoring Round | John Lutz, CFO, Sellars

CFO Thought Leader

His current priorities include enhancing IT systems and customer interaction platforms, along with further automating processes to leverage data effectively. 1,012: The Last Unlock: Empowering Teams | John Lutz, CFO, Sellars The post The Mentoring Round | John Lutz, CFO, Sellars appeared first on CFO THOUGHT LEADER.

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Falling Short – The Limitations of Using Spreadsheets for Modern Budgeting and Planning

Centage

Excel requires a lot of specialized knowledge and managing financials within it can be particularly brittle and unreliable. Multiple Users and Sharing Spreadsheets In the early days of a company’s life cycle, it can easily set up its financials in a single workbook on a single budget spreadsheet.