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Accounting and finance may seem like natural partners, but too often it can feel like they’re sitting in the same boat while rowing in opposite directions: accounting oriented toward recording and reporting on what’s happened; FP&A focused on forecasting and budgeting for what’s ahead.
The disconnect between finance and accounting mattered less in years past, when the pace of change was slower and business disruptions smaller. But now, economic uncertainty, talent-market fluctuations, and the ever-accelerating pace and scale of business change have transformed disconnected processes and data hand-offs into serious business risks.
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