OK, so I get emotional about #budgeting. I'm an #accountant for goodness sake!
Most CFOs dissatisfied with company's approach...
Most CFOs dissatisfied with company’s approach to budgeting, FP&A Many accounting staffs have little time for forward-looking financial planning and analysis (FP&A) because they are buried in basic duties, a new survey shows. That emphasis on compliance functions instead of analysis was the most common barrier to improving FP&A value to businesses, cited by 62% of finance executives in a report by Grant Thornton and the American Productivity and Quality Center (APQC). Finance executives from 130 US organisations, including many with global operations, are also dissatisfied with their organisation’s approach to annual budgeting. Only 37% rate the approach as valuable, and 69% say their organisations use a “last year plus...Read Moreaccountantvip
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