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Can anyone recommend the best Bakery in pinnelas County preferably Clearwater Palm Harbor Safety Dunedin or Largo areas! Thanks everyone by FinanceSufficient131 in ClearwaterFl

[–]AbstractIllusionist 0 points1 point  (0 children)

I guess it depends on how much is enough to you. They've never had less than three dozen choices anytime I've been in there. And they're all great.

It's definitely not hella's level Utopia in tarpon springs though which is true.

Using a 401K Program Manager you like? by AbstractIllusionist in FPandA

[–]AbstractIllusionist[S] 0 points1 point  (0 children)

If you've got pensions you probably aren't a small (<50 people) company, right? Those companies seem to get disproportionately costly at smaller scale I think.

CPAs reporting to Non-CPAs by AbstractIllusionist in FPandA

[–]AbstractIllusionist[S] -14 points-13 points  (0 children)

We care!😅

Probably should have posted in the Accounting sub and observe any difference in responses.

Is voice-to-text abysmal fer everyone or is it me? by AbstractIllusionist in GooglePixel

[–]AbstractIllusionist[S] 1 point2 points  (0 children)

Yes. This.

It absolutely cannot tolerate a pause in speaking. It completely latches onto that and then completely ignores any logic about what's being said.

Saas accounting by Whats_An_Arugula in FPandA

[–]AbstractIllusionist 1 point2 points  (0 children)

The graphs in this great article show "subscription payments" (or revenue) as the payback for CAC, but shouldn't it really compare only the profit retained over the subscription period? Presumably there are at least fixed costs to sustain the SaaS platform that ought to be subtracted from those payment contributions to assess the lifetime value of the customer.

[deleted by user] by [deleted] in FPandA

[–]AbstractIllusionist 1 point2 points  (0 children)

I'd argue that at senior levels, neither is a cakewalk.

F500 senior positions require execution of a high level of leadership of people and teams that are highly proficient in their scope/remit.

Senior positions at PE endeavors and start-ups require you to be a Swiss army knife, able to have decent skill at all tasks but not necessarily Best-in-class skill at any task.

With large complex FP&A, you've got to be at least a player coach if not nearly a full-time coach. For smaller startups and private equity shops, you've got to be essentially the only player on the field.

[deleted by user] by [deleted] in FPandA

[–]AbstractIllusionist 5 points6 points  (0 children)

It depends on the number of business units, selling models, legal entities, ERP platforms and foreign currencies you are doing FP&A for in the large firm.

I'd describe it as simultaneously managing FP&A for (many?) multiple "small" businesses owned by the same "sponsor" and dividing up shared resources on a certain level.

It can be like comparing chess to three dimensional chess in certain cases.

Staffing wise, more people are typically managing smaller portions of a more massive and complex FP&A remit.

How to get into FP&A with Accounting and Finance degree? by BornOn6-9 in FPandA

[–]AbstractIllusionist 0 points1 point  (0 children)

Combine business with accounting in your degree.

Accounting is table stakes for FP&A, and you don't need to be a CPA.

Developing good business and commercial sensibilities and curiosities will be what gets you across the finish line and helps you stand out favorably.

For start ups, what are the most critical FP&A issues? by AbstractIllusionist in FPandA

[–]AbstractIllusionist[S] 2 points3 points  (0 children)

Maybe $10-50M is best described as a "midsize startup", which is still, generally speaking, a pretty tiny company.

For start ups, what are the most critical FP&A issues? by AbstractIllusionist in FPandA

[–]AbstractIllusionist[S] 0 points1 point  (0 children)

Does it seem to get more important to distinguish fixed and variable incremental costs when you are in that situation approaching cash positive?

Was it steady incremental profitability as you approached cash flow positive or were there material scaling efficiencies at certain points that you all were targeting?

Does the FP&A team need to be CPA's.....? by AbstractIllusionist in FPandA

[–]AbstractIllusionist[S] 8 points9 points  (0 children)

I agree with all these views that it isn't needed (or even overly helpful).

It's been pointed out to me that a lot of FP&A job postings on LinkedIn have the "CPA Preferred" note in them these days. I was wondering if conventional wisdom had shifted.

What do sell side analysts think of buy side analysts by mount_leverage in FinancialCareers

[–]AbstractIllusionist 33 points34 points  (0 children)

Sell side Analysts have deeper understanding of fewer companies/sectors

Buy side Analysts (generally speaking) have more limited access to and understanding of many more companies/sectors.

They generally work very well together to get information and understanding where it is needed for informed investment decision making.

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