When numbers people need to translate reports for others, data visualization is the way to go. A combination of data visualization with written and oral communication will explain where your company has been, where it is currently, and where it is headed.
Often, there is a lot of focus on change and adapting in the business world. But don't forget about the core practices that have been proven to drive successful business financial operations.
Financial leadership is composed of two major components: accurate accounting and creating organizational value. Today’s successful financial leaders direct a department that accurately records and reports the financial status, and they help create organizational value.
One of the highest value services that a CPA can provide is to help business decision makers make better decisions. And the science of data analytics is key to helping with decisions that will improve business performance and return on investment.
Donita Rudy explains how crisis management is a process whereby you maintain control when the uncontrollable happens.
There is a current movement in business and industry for controllers to go beyond providing traditional accounting services. They are becoming irreplaceable business partners who take part in strategic planning, understand industry trends, and forecast economic challenges.
Forces in the current business environment are altering the demands placed on controllers, including advances in technology, the availability of data, the expansion of global competition, and increased scrutiny over compliance with regulatory standards.