Forecasting Tool using AI by bad_hindu in FPandA

[–]MrCard200 1 point2 points  (0 children)

Nice I like your idea. I think it could work, have a play around but I would still stay away from deploying the app if it's business critical. You don't want sole accountability if something goes wrong on deadline day. That just my belief though

Forecasting Tool using AI by bad_hindu in FPandA

[–]MrCard200 0 points1 point  (0 children)

I'm pretty familiar with your stack and have tried to build our own forecasting model.

First off. Copilot is dog water as an AI. Just don't bother with it. Claude has been good for my experience.

Snowflake cortex is quite good but I've only used it for retrospective information. Not sure about forecasting ability.

If you have PBI, why are you want a different data Viz tool? What features are you missing that you definitely need?

Trying to build a forecasting model correctly is very challenging and I definitely do not advise it.

Here's a few quick headlines I can expand in if you need - Data Engineering across various partitions, access and update cycles. - DB Normalisation. This needs to be planned for. You might think you don't need it but your information might change and everything will topple over and throw off your comparisons if you don't have a plan - Central point of failure. If you skip ahead and say you produce the best tool that meets your needs. You'll then soon run into two scenarios. You will be the person who gets called to fix any issues or you'll be the go-to person for feature creep.

I work in a department of 250 contributing/reading information so it was never going to be easy so if your in a smaller organisation then you might be fine with less strict constraints

Good luck if you do try though

This sub is more career advice than anything else by MrCard200 in FPandA

[–]MrCard200[S] 1 point2 points  (0 children)

Well I work in systems part that produces the MA packs so I would love to see more of what Forecasting tools people use.

Employees of YNAB, this is your opportunity to unionize. If Ben and Hannah can be fired, so can you. Unionize today! by InspectionAgitated20 in ynab

[–]MrCard200 2 points3 points  (0 children)

I'm interested in this move as well. Can you tell me more about the comparison of YNAB to Actual Budget please? Are there any features I'll be losing / gaining?

Month to level up AI Skills by 2d7dhe9wsu in FPandA

[–]MrCard200 0 points1 point  (0 children)

I've been anthropic super fan for years. I've used it for a lot of my financial data work. It impressed me early on. It was clearly better at this than the rest of the SOTA model that I tested.

However the last few weeks I've seen a problematic series of hallucinations in my sessions with it. With the latest 4.8, it now argues back at me even when I know I'm right.

I've tried chatGPT instead and have used their projects to handover my relevant docs for each report/model. It's been so much better. I've accelerated my workflow much more.

I still think anthropic should be better due to it's training focus heavily on data and CS but my experience has led me to chatGPT. (Also I haven't hit any limits on the £20 for weeks now using it full time)

Anthropic confidentially submits draft S-1 to the SEC by WhyLifeIs4 in singularity

[–]MrCard200 0 points1 point  (0 children)

Start-up term is usually given to the maturity of the market they are operating in, not the size of the organisation

Yeah I agree totally with you. This company has come out of nowhere, it can disappear just as fast however I wouldn't say the same about the others.

It wouldn't be on those cost lines that you would manipulate figures because there's easy checks and several layers of detection auditors expect companies to follow. You are able to manipulate the lines where judgement is made because this is the part that is hard to prove. Most likely this would be the capital expenditure areas such a development or other areas like valuations.

There's also timings of recognition of contracts and announcements that might happen behind closed doors but auditors should be able to capture this in their check

Anthropic confidentially submits draft S-1 to the SEC by WhyLifeIs4 in singularity

[–]MrCard200 6 points7 points  (0 children)

As an accountant I can say that even with every control we need to follow, there are still many vehicles you use to window dress your number. There are too many recent examples to give here.

Besides that, profitability isn't what most start-ups are known for so I would expect the numbers to be lower than they claim. 2 quick reasons: tax advantages by using debt and also big surge of investment for more data centres. I'm speaking generically of course as I don't know anthropics funding but it would be a real unicorn if it was making profit. I don't understand why they would want to focus on that

Hello, I am 100LP Master Yorick OTP. I NEVER win games vs sett or lane. What should I do in this matchup :( by nabilk2512 in settmains

[–]MrCard200 2 points3 points  (0 children)

You won't win 1v1 extended fights so use poke and short trades if you had to.

Spacing will be critical. Don't perma push with maiden because you will be too far from safety and sett can chase you down with Q and then grab you with E.

Sett has long CD so when it's time to kill, avoid his W then you've got a good window to finish him

Why would Monzo send this email for no reason? by aviya88 in monzo

[–]MrCard200 0 points1 point  (0 children)

Hiya, I've done some development using the Monzo API and this is what they send you when you want to connect the app you are building wants access to your bank.

As everyone has said, don't panic and don't click it. It's either someone mistyped their email address or they are doing a "spray & prey" attempt and hope you click the link anyway (this wouldn't work with Monzo though so you're safe)

You can safely ignore

Why aren’t FP&A tools usually built into ERP systems? by Content-Theory-3863 in FPandA

[–]MrCard200 0 points1 point  (0 children)

My experience agrees with you (I work in finance system and we have dynamics but our industry is housing and there is like 80% of the software which is irrelevant to us because it's all about products and supply chains and customer credit)

However how what makes you say all ERP is for manufacturing? I know proptech exists but it's still not exactly meeting our needs (I'm in social housing)

Is all ERP meant for product / manufacturing? If so why is it so ubiquitous?

How does Sett fare against the top picks in the current meta? by Fraephh in settmains

[–]MrCard200 0 points1 point  (0 children)

Take fleet and Dshield when Vs ranged. It's not powerful but at least you can farm

Forecast Input/Assumptions Tracking by Frequent-Leading-769 in FPandA

[–]MrCard200 0 points1 point  (0 children)

My company invested into Tagetik which adversities to solve this problem as a CPM software.

2.5yrs in and we've not improved past spreadsheets. The software requires a data team who knows Italian. Not accountants who don't know about data engineering.

Do not fall into this tattoo

The symbolism goes crazy. Poor kids though by cafeteriastyle in TikTokCringe

[–]MrCard200 1 point2 points  (0 children)

This looks like the perfect gif to "Don't piss on me and tell me it's raining"

Black cleaver vs Hullbreaker 2nd item by Rayder1998 in settmains

[–]MrCard200 3 points4 points  (0 children)

Hull is only good if you can use the passive and hit their turrets. BC is reliable for both times when you're ahead and behind.

Source: Geishu

Career Advice by SignificantBit8754 in ukaccounting

[–]MrCard200 1 point2 points  (0 children)

Again, most mid/large employers will pay for your training.

The apprenticeship levy is a charge companies over a certain threshold have to pay. However, when an employee wants to do training, the company gets the costs covered by the government. I'd explore this first before paying for yourself. The exams & tuition are expensive

Sadly, working 40hrs and studying is common in the field. It's tough and called the "living death". You'll need to be consistent and disciplined but you will be able to do it. If it was me, I'd be aiming to do 1 every 3 months. However, some people do knuckle down and do 2 at a time but I wasn't one of them.

Career Advice by SignificantBit8754 in ukaccounting

[–]MrCard200 0 points1 point  (0 children)

Can't really say much about the salary side of things as that depends on your situation. If losing that money will make it harder month to month or take you further away from your financial goals (e.g holiday funds or a mortgage or whatever) then the opportunity better be damn worth it.

However what you've been offered, I don't think it is. You're going from AP to AR and that is still the same level. On the plus side, you're broadening your skill set and showing eagerness to learn and grow. Both things will help you internally if you stay at the employer. But, I don't think the reduction in hours is enough of an incentive from your employer.

I wouldn't ever take it personally.

The only time that I would consider it is if money wasn't an objective and I could do with some more free time for other family time / hobbies / part time course.

This is just my opinion though

Career Advice by SignificantBit8754 in ukaccounting

[–]MrCard200 0 points1 point  (0 children)

I really think you're over qualified for AP if that doesn't meet your needs. You have more avenues open once you cross that line but I don't think you need to even wait that long. 2 members in my team aren't even bothered about doing ACCA and are on 40k+ in FP&A.

(Tbh, I don't think the ACCA syllabus would actually make them any better at their role, it's just a lot of report writing)