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From Accounting To FP&A

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Hatori Hockaido
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0% found this document useful (0 votes)
288 views7 pages

From Accounting To FP&A

Uploaded by

Hatori Hockaido
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Endorsements and Praises for “From Accounting

to FP&A”

“An extremely well-written guide covering each step-in transitioning into and
succeeding in FP&A and business finance roles. Asif carries great expertise in
enabling the finance community in FP&A and business finance. Through this
very well-written book, he provides excellent guidance to finance professionals
who are exploring a career shift into these roles that are the future of the
finance function. I strongly recommend it.”

R. Ravikumar
Ex-CFO, IBM India and author of THE CFO LENS

***

“Asif Masani’s latest book "From Accounting to FP&A" is an indispensable guide


for accoutring and business professionals looking to transition their career
from accounting to FP&A. The 12 chapters in the book provides a comprehensive
roadmap, blending practical insights with strategic frameworks. Throughout
the book, Asif demystifies complex financial concepts and processes, making
them accessible to readers with diverse backgrounds. One of the standout
features of this book is its real-world applicability.

Through detailed case studies and practical examples, readers can see the direct
impact of FP&A strategies on business decision-making and performance.
Whether you're an experienced accountant seeking to broaden your skill set or
a newcomer eager to enter the world of FP&A, this book offers clear, actionable,
and practical guidance to navigate the shift smoothly. I highly recommend
"From Accounting to FP&A" and I strongly believe this book will empower you
to take your career to the next level.”

Dr. Prashanth Southekal


Founder and Managing Principal at DBP Institute, Author of Data for Business
Performance, Analytics Best Practices and Data Quality

***

iii
“Asif has complete command over how to make FP&A’s role within an
organization enormously impactful. His book, From Accounting to FP&A,
highlights his leadership in this area. The detailed ‘A Day in Life’ examples
and the ‘First 90 Days in the Role’ leave no doubt about his deep expertise and
his ability to communicate it through the written word. He emphasizes the
growing mandate CFOs and other business leaders are demanding of their
FP&A teams and From Accounting to FP&A is the ‘how to’ book for FP&A leaders
to satisfy that demand.”

Steve Rosvold
Founder at CFO.University

***

“It takes one to know one and Asif is an FP&A professional at heart who has
experienced what it takes to move from Audit and Accounting into FP&A first
hand. He uses his experience to coach and mentor accountants on how to make
the move themselves and now he has elegantly captured this in his latest book

“From Accounting to FP&A”. This is the most common career path in the finance
function and Asif’s mission to help 1 million finance and accounting
professionals master FP&A gets my full endorsement!”

Anders Liu-Lindberg

Partner and Co-founder at Business Partnering Institute

Author of “Create value as a Finance Business Partner”.

***

“Transitioning from Accounting to FP&A is a common career path and one


people ask me about regularly and that is why this book is sorely needed. Asif
is a global expert in this area and has helped many people make the transition
from accounting to FP&A and this book will serve as a great resource for those
looking for some help in deciding if FP&A is right for them and then making the
transition to FP&A.”

Paul Barnhurst, Founder The FP&A Guy


Podcast Host at FP&A Tomorrow, Financial Modeler's Corner and Co-host at
Future Finance Podcast.

***

iv
"From Accounting to FP&A: From Number Crunching to Strategic Thinking" by
CA Asif Masani is an invaluable resource for anyone seeking to transition into
or advance within the FP&A field. The book offers structured guidance and
actionable insights, making it essential for finance professionals at various
stages of their careers.

Masani combines theoretical knowledge with practical experience, distilling


wisdom from over 20 expert interviews. The book provides a comprehensive
framework, building the reader's understanding from basic FP&A roles and
responsibilities to advanced strategies for excelling in these positions.

This book serves as a comprehensive manual that equips finance professionals


with the necessary tools and insights to excel in the FP&A domain. Whether you
are a beginner exploring career options, a new FP&A professional seeking to
bridge knowledge gaps, or a mid-career professional transitioning from
accounting to FP&A, this book provides a clear, actionable path to success.
Highly recommended for its depth, clarity, and practical relevance."

Saleem Sufi, Dean & Director, MECA CFO Academy (CFOAcademy.org)


Author of “YOUR PATH TO C-SUITE: A Career Guide for Hungry and Foolish”

***

v
Contents

Foreword i

Endorsements and Praises for “From Accounting to FP&A” iii

Acknowledgements vii

Note From The Author ix

Section 1
Introduction And FP&A Mindset 1
Chapter 1 - The Evolving Role Of Finance: From Accounting To Strategy 3

Chapter 2 - Motivations For Moving To FP&A 14

Chapter 3 - The FP&A Mindset Shift 22

Section 2
Understanding The FP&A Role 43
Chapter 4 - FP&A Roles And Responsibilities 45

Chapter 5 - A Day In Life Of An FP&A Professional 61

Chapter 6 - The FP&A Monthly Calendar 78

Section 3
Preparing For The FP&A Role 93
Chapter 7 - FP&A Resume Blueprint 95

Chapter 8 - FP&A Interview Prep Secrets 107

Chapter 9 - FP&A Interview Questions 127

Section 4
Approaching The New FP&A Role 138
Chapter 10 - Transitioning Into FP&A - Overcoming Challenges And
Roadblocks 140

Chapter 11 - FP&A Skills Toolbox 151


Chapter 12 - Navigating The First 90 Days In An FP&A Role 163

Section 5
Appendix 182
About The Author and Making Of FP&A Professionals Institute (FPI) 188

Glossary 194

References 198

FP&A Professional Institute (FPI) Programs and Books 199

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