Ashish Manohar Bhuskute CPA,CMA,MBA

💡 CFOs: Your 2025 Guide to Evaluating AP Automation 💼 In 2025, AP automation isn’t just a nice-to-have—it’s a strategic necessity. But making the right choice requires more than just evaluating features. It demands a clear understanding of your organization’s needs, vendor offerings, and long-term ROI. 📅 Join us on Tuesday, January 21, at 11 AM ET for our exclusive webinar, “2025 Guide to Evaluating AP Automation Before You Commit.” 📌 Don’t miss this opportunity to set your organization up for success in 2025! Register now: https://lnkd.in/eUTnmBgk #APAutomation #CFOLeadership #FinanceStrategy #2025Goals #Webinar

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🚀 New Year, New Goals: What’s on Your FP&A Radar for 2025? Welcome to 2025, finance pros—where the pace is quick, and the stakes are higher than ever and we know that you’re at the heart of it all! To help you stay ahead of the curve, we’ve been digging into the latest trends and listening to what’s on everyone’s mind. We’ve pinpointed five key areas that are helping to change the game. Let’s break them down: ✨ 1. Perfecting Your Crystal Ball (aka Forecasting) In a world where “unpredictable” is the norm, the best FP&A teams are nailing their forecasts with real-time data and next-level precision. It’s all about staying one step ahead—because surprises are great for birthdays, not budgets. 🤝 2. Turning “Finance vs. Everyone” Into “Finance + Everyone” The days of working in silos are over. This year, it’s all about teaming up across departments. Aligning with ops, sales, and marketing. That’s the secret sauce to faster decisions and better results. 🔒 3. Keeping the Vault Locked Tight Your financial data is gold, and protecting it isn’t just smart—it’s essential. Think top-notch cybersecurity and staying compliant so you can sleep soundly at night. ♻️ 4. Make Budgeting More Agile (Always Updating) Static annual budgets seem to be becoming less relevant. This year, we’re focusing on continuous financial planning, which allows for ongoing adjustments. Reforecasting as needed helps keep you flexible and responsive to changing circumstances. 📈 5. Giving Spreadsheets the Break They Deserve Let’s be honest: spreadsheets are like that trusty old car you’ve had since college. It gets the job done, but there are better options now. FP&A pros are upgrading to tech that automates the grunt work so they can focus on driving strategy. These trends aren’t just fluffy ideas—they’re what top-performing finance teams are already doing to stay ahead. Want to see how to make them work for you? 👉 Get further insights here: https://lnkd.in/grjbf-wu

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Have you had a chance to check out any of our free templates or ebooks? There is a huge selection to choose from, depending on your specific need or interest. In our ASC 842 Transition Guide, perform a rigorous audit with high customer satisfaction.✨ This ebook explains the details of lease accounting as it applies to auditors: 1️⃣ Perform a rigorous audit with high customer satisfaction 2️⃣ Simplify audit procedures and manage audit scope 3️⃣ Increase audit efficiency and scalability 4️⃣ Simplify future audits 5️⃣ Build a more valuable auditor-client relationship 6️⃣ Ensure effective, ongoing accounting policies Curious to dive in? Check out the link in our comments for more information. 👇 #ebook #freeguide #ASC842 #auditors #netgain

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If you thought the CFO role is all about the numbers, think again, says Oana Labes, MBA, CPA... • It’s about influencing and guiding decisions to align financial and business strategies • About building strong relationships with your team, stakeholders, and executives, • About strategic thinking, effective communication, and strong leadership. KPIs, spreadsheets, accounting principles, and internal controls are just tools. And your financial acumen is only half the battle. Here is her checklist of the most essential areas for CFOs to focus on, broken down in 30/90/180/365 days. 𝟬-𝟯𝟬 𝗱𝗮𝘆𝘀:  𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 ☑️ review the company's financial statements ☑️understand key revenue streams and assess profitability trends ☑️engage with internal and external stakeholders to gain insights on financial projects, audits, and corporate governance. ☑️familiarize yourself with budgeting, forecasting, CAPEX plans, and the company's overall financial decision-making structure 𝟯𝟭-𝟵𝟬 𝗗𝗔𝗬𝗦: 𝗢𝗽𝘁𝗶𝗺𝗶𝘇𝗲 ☑️develop a financial strategy aligned with company objectives and prioritize cash flow management. ☑️identify and address gaps in KPIs, systems, reporting, and risk management while fostering continuous learning within the finance team. ☑️engage with internal and external stakeholders, leverage technological advancements, and refine strategies based on feedback 𝟵𝟭-𝟭𝟴𝟬 𝗗𝗔𝗬𝗦: 𝗗𝗿𝗶𝘃𝗲 ☑️initiate and track the newly developed financial strategies, ensuring alignment with company objectives and regulatory compliance. ☑️monitor risks, refine budgeting, and prioritize resources while evaluating investment opportunities and implementing risk management solutions. ☑️foster strong internal and external stakeholder engagement, explore partnerships, and ensure team cohesion through training and leadership development. 𝟭𝟴𝟭-𝟯𝟲𝟱 𝗗𝗔𝗬𝗦: 𝗘𝘃𝗼𝗹𝘃𝗲 ☑️review the past six months' financial performance, reflecting on successes and challenges. ☑️refine objectives, plans, and strategies based on evaluations of capital, CAPEX, compensation, and alignment with sustainability goals. ☑️prioritize technological optimization, prepare for market shifts, foster stakeholder relationships, and plan for future leadership succession. Use this Checklist to help you hit the ground running as a CFO. What would you add? ---------- 📺 FinanceMaster on YouTube: https://bit.ly/4bSBut6 📢 Join our WhatsApp channel: https://bit.ly/3WWGOrc 👩‍🏫 Our LinkedIn Learning course: https://bit.ly/4a5fB9l 📻 FinanceMaster Podcast: https://bit.ly/3NLSt73 📄 FinanceMaster resources: https://lnkd.in/eC_zuCU4

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Accrual accounting is a fundamental method in financial reporting that recognizes revenue and expenses when they are earned or incurred,regardless of when the cash is received or paid.

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What happens without effective Financial Planning & Analysis (FP&A)? If a company does not prioritize FP&A, leaders run the risk of making decisions that are out of alignment with strategic goals at best, and detrimental at worst. By not keeping a clear picture of the business’s financials top-of-mind, leaders lack visibility, which can impede a company’s ability to reach profitability goals, achieve true business efficiency, or even be aware of current financial positioning. Moreover, without FP&A, business leaders are more likely to be off course when it comes to understanding which key performance indicators (KPIs) truly matter to their firm’s success. Without knowing what metrics matter, leaders cannot define success, let alone lead their company toward it. Learn more about the importance of FP&A in this article: https://lnkd.in/gNhPGNxa Blueprint CFO | Future Focused Accounting www.BlueprintCFO.com #blueprintcfo #cfo #cfoinsights #chieffinancialofficer #fractionalcfo #financialplanning #financialanalysis #financialplanningandanalysis #fpanda #accounting #accountants #accountingandaccountants #accountingservices #businessgrowth #data #business #futurefocused #datadriven #kpis #entrepreneurs #entrepreneur #startup #southerncalifornia #socal #inlandempire #losangeles #sandiego #orangecounty #orangecountyca

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The FP&A Checklist for Period-End Closing reflects a comprehensive approach created from the FP&A advisory councils’ study of varying period-end closing practices. The checklist has five parts: (1) pre-close, (2) reconcile accounts, (3) preparation of financial statements, (4) close finishing steps and (5) FP&A analysis and reporting. Read the checklist: https://hubs.ly/Q02z4xvc0

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Understanding the difference between managerial and financial accounting can revolutionize how you run your business. In the latest episode of "The FlyWheel Effect," Brent Sonnek-Schmelz and Matt Bernath delve into these two crucial aspects of accounting. Financial accounting focuses on compliance and external reporting, while managerial accounting drives internal decisions with tailored metrics. #VITAL #TheFLyWheelEffect #VITALPodcast ▶ Watch the whole episode here: https://lnkd.in/gQkA8zCr 🎧 You can also listen here: https://lnkd.in/gfxtrXyK

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It's almost Q4. 3/4 of the way through 2024. What's going on in the world of Finance and Accounting? Transcend Search & Strategy is spotlighting key trends shaping the industry: 1️⃣ Evolving Role of Finance Leaders: CFOs are transforming into strategic advisors, driving operational strategy and leadership. 2️⃣ Technological Advancements: AI and automation continue to revolutionize financial processes, enhancing efficiency and insights. 3️⃣ Focus on Analytics and Strategic Planning: There's a growing demand for expertise in business analytics, with an emphasis on data-driven decision-making. 4️⃣ Adaptation to Economic Uncertainties: Navigating an uncertain economic landscape requires agile financial strategies. We are your strategic partners in building your executive leadership team. We can help you meet your goals for 2024 and develop a roadmap for 2025 that will move the needle for your business. Reach out to us at [email protected] or [email protected]! #endoftheyear #lastcall #industrytrends

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Where should CFO’s focus this year? We outline some of the best practices that can help drive financial success in today’s business landscape: https://lnkd.in/eW6VAd7m

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We're excited to share 14 tips for CFOs on how to properly integrate AI and make the most out of it. We hope you will find this article useful!

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These are the signs that show it's time to modernize your financial planning: Yearly planning lasts more than a month, Lots of people participate, You use a lot of spreadsheets, There are lots of versions, Data-heavy model(s), Manual template management, Manual reports, The plan is not viable (departments are not coordinated), Your boss wants a rolling forecast, Your boss wants what-if simulations, Your boss wants driver-based planning, Your boss wants to plan profitability at the product / person / atom level. Don't wait for this list to grow, take action now! Read more about this in our blog: https://lnkd.in/dfiM3jq5 #Farseer #FP&A #FinancialPlanning #Innovation

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What are the 2024 CFO priorities? Is it budget cuts, AI implementation or mitigating risk? 👉 As a CFO, navigating the evolving financial landscape in 2024 requires a strategic focus on key priorities. ⬇️ Check out the top areas where CFOs must prioritize to drive financial success in the year ahead. - Optimizing cash flow management  - Leveraging data analytics - Embracing digital transformation  - Mitigating risk - Fostering a culture of financial transparency - Aligning financial strategies Stay ahead of the curve. ➡️ https://bit.ly/3MdDr8q ⬅️ #cfo #cfoprioroties #billing #fpasolution

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"Enter data once and use it often." Many businesses still rely on manual accounting processes. But the reality is...it’s keeping you stuck. ❌The lack of visibility into cash flow limits your decision making. ❌You're stuck in reactive mode instead of planning for growth. ❌You're missing out on opportunities to get ahead. Learn more by watching on-demand: https://lnkd.in/gj4Fv2Ca

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At InScope, we're committed to helping accounting leaders reduce stress and minimize risks during audits. The key is in proactive preparation: ✅ Creating comprehensive checklists 🕐 Aligning with stakeholders on timelines 🫡 Tackling critical pre-period end tasks For the full list of strategies and to join the discussion, check out the original post https://lnkd.in/egF9BrYC #AuditPreparation #FinancialReporting #AccountingBestPractices

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In 2022, only 43% of S&P 1000 CFOs had a CPA license, down from 55% in 2012. Are CPAs still highly valued for CFO roles, or are general business skills from an MBA becoming more valued? We surveyed 320+ hiring managers to uncover what really matters for CFO candidates today. From key competencies to actionable tips for landing more interviews, get the insights you need to stand out and succeed in an executive finance career. Download the full 2024 Corporate Finance Report: CPAs in the C-Suite, now available to all members: https://lnkd.in/gJuY-zmd

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Don't let lease dates slip through the cracks! iLeasePro's powerful software keeps track of all your important lease dates, ensuring you're always one step ahead. ➡️ Avoid costly oversights ➡️ Streamline your workflow ➡️ Gain valuable insights Learn more: https://buff.ly/4d4ByG6 #leasemanagement #ASC842 #businesstips

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