Accounting is more than financial statements and tax returns- accounting is the study of transactions. Transactions are the primary element in thinking and learning about how companies accumulate wealth, so here are the three areas of accounting that FP&A professionals should know how to incorporate in their work.
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How does one person handle career navigation, skill-set maintenance, goal achievement, and work/life balance, while also moving up the financial practitioner maturity model?
While valuable data may exist, team members often lack access to it given that it is stored in different parts of the company, held in different non-comparable formats, or not properly shared. To optimize team efforts, effective collaboration and distribution of valuable data are necessary.