CA Amit kumar Sharma’s Post

I have received around 100 DMs on how to switch to FP&A. In my opinion, one should assess where they already are. If you already have an audit or accounting experience, you should look for ways to leverage the analytical skills learnt until now. Showcase your understanding of numbers. Plus, develop business acumen by reading annual reports, researching about businesses etc. FP&A as a career revolves around data and communication. If you think you can handle both, it's time to give this a shot. #fpna #ca #linkedIn

What are my options when leaving professional services as an accountant?   For many accountants, even at the Manager and Senior Manager levels, the first step into the commercial world can feel unclear.   I've been there. You live in a bubble when training in professional services and you don't know what you don’t know, i.e. what the world of industry looks like.   Here are the three most common paths:   Financial Control / Financial Reporting - This is the most typical route. I would say around 80% of first movers land here (don't quote me on this, I just made it up). It’s a natural fit, leveraging your technical skills in a safe environment.   FP&A / Financial Analysis - Often seen as the “sexy” option for its strategic focus, but roles here are fewer and highly competitive, often requiring prior FP&A experience. Those who are adamant they want to go straight into FP&A from audit usually get a bit of a wake up call as they commence their job search.   Internal Audit - Less popular but an option if you like the risk and controls side of things.   If you are a CA looking to make your first move into industry, feel free to reach out to chat on your options. 🍋🍋🍋

#1 Most Common finance career question. "Should I get a CMA, CFA, or CPA certification to break into FP&A (finance)?" The story is usually that they have trouble getting an interview or landing an offer. Howard Tunnicliffe, Head of FP&A at the Economist: There is merit to getting some broader experience. We are increasingly asked to be creative in FP&A, so actually drawing on some other diverse backgrounds is a possibility if you do not have a CMA or CPA. Brett Hampson, Director of Finance, AllState I don't have mine and I'm doing okay. There’s a lot more FP&A folks that don't have a CPA than those that do generally. I’d say don't do a certification unless you're interested in doing the certification. I don't know tons of CPA FP&A folks. Those that do have it though are really talented. I'm usually really impressed with their knowledge of accounting fundamentals plus the FP&A. It’s a bonus if you're able to do it, and you enjoy it. Paul Barnhurst, The FPandA Guy Barnhurst (The FP&A Guy): Is the CPA valuable? Yes, it helps you understand a deeper level of accounting. If you can bring that with the business acumen, it's great, but it's not required by any means.

Numbers are my native language - I'm fluent in the language of business. With over 20 years of experience in accounting and finance, I bring a sharp analytical mind and attention to detail to every project. Whether it's preparing financial statements, managing budgets, or providing data-driven insights to executives, I'm ready to roll up my sleeves and dig into the details to deliver results. Let's talk! #accountingservices #taxpreparer #businesstaxes #cpa #accountants #accountantlife

Tired of being stuck in spreadsheets all day? Yep, we were too. Many accountants face time-consuming challenges that can impact the efficiency of their modeling and forecasting efforts, leaving less time to focus on deepening client relationships and delivering high-value insights. 👉🏼 https://hubs.ly/Q02x05b50 #excel #spreadsheets #accounting #advisory #finance

Facing an IRS #audit or inquiry can be a daunting and stressful experience for individuals and businesses. However, having audit support is a great way to plan ahead of any financial hiccups that could take place during #taxseason. By hiring an outsourced #finance team, accountants are available to focus solely on protecting your business and minimizing any adverse consequences resulting from the audit. Plan ahead and reach out to our team today!

Hello #LinkedIn! 😊 It’s been quite a while since I last posted, and I’m excited to jump back in with a topic that always sparks lively debate: Who is Mr. Right—the Accountant or the Auditor?☺️ As finance professionals 🕵️♂️, we often navigate the delicate balance between these two critical roles. Accountants are the backbone of daily operations, ensuring every financial record is accurate and compliant with regulations. They have an insider’s view of the company’s financial health, and their role is nothing short of vital. But then we have the auditors 🔎—bringing in a fresh, independent perspective. They critically assess the accountants’ work, providing the much-needed assurance that financial statements are transparent and trustworthy. Their role is crucial in upholding the integrity of financial reporting and maintaining stakeholder confidence. So, who’s always right? 🤷🏽The accountant with their deep, detailed knowledge of the company, or the auditor with their objective and unbiased review? The truth is, it’s not a matter of one being right over the other. Both roles are indispensable, and it’s the synergy between them that strengthens financial practices. Instead of choosing sides, perhaps we should focus on how accountants and auditors can collaborate more effectively to drive the best outcomes for businesses. I’m eager to hear your thoughts on this—what’s your take on the Accountant vs. Auditor dynamic? Let’s dive into this discussion! #Finance #Accounting #Auditing #Collaboration #FinancialReporting #ISA #IFRS

What’s your relationship with financial success? Perhaps you built your own company from the ground up and now you’re considering financial consulting services for the first time. Perhaps you’re a leader at a multi-million dollar corporation, and it’s time to breathe new life into its financial management. Maybe you’re an individual looking to better your financial situation through a trusted financial consulting firm in NJ. If so, a trusted financial consultant or advisor can help at Cg Tax, Audit & Advisory: https://bit.ly/3jcyo8o #accounting #accountingservices #accountingfirm #accountant #cpa #taxservices #taxplanning #auditing #financialadvisory #businesscompliance #financialservices #businessaccounting #businessconsulting #financialconsulting #focusedontheroadahead #cg #cgtaxauditadvisory

Do people wonder what you do as an accountant if you are not doing audits or preparing tax returns? Perhaps you can relate to this Accounting Couture video. There are many things accountants do outside of audit and tax. Here are a few examples: Internal Reporting Cashflow Forecasts Financial Data Visualizations Reconciliations - Bank/Credit Card Financial Statement Preparation & Analysis Variance Analysis Budgets Planning Business Strategy Thanks for supporting our content as we show the fun side of accounting that is often omitted from the Reddit threads. #accountingandaccountants #tax #audit #financeandaccounting Sunderful Consulting

Are accountants forward-looking or backward-looking? There is this popular perspective that accountants are backward-looking and report only on past transactions. Such generalization is untrue because accountants are not just backward-looking. They are forward-looking too. A decade ago, the notion of thinking strategically in accounting was a foreign concept. But now, as a CFO, accounting executive, risk analyst, management accountant, financial analyst, cost accountant, and forensic accountant, you have the ability to change your company’s growth trajectory. Businesses today need accounting professionals who can use numbers to increase value and growth and not just report on past transactions. Have a great week ahead! 😀