The Importance of Cross-Training in Accounting & Corporate Finance

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Companies are always complaining about employees being "stuck in silos", and for good reason. When employees only see what's going on in their small world, they and the company can miss the big picture. This is especially true of professionals in accounting and corporate finance. Those jobs are trained very separately, but have a tremendous amount of overlap. That overlap can be a great advantage to those who understand what "the other side" needs. This is where cross-training comes in. This whitepaper lays out a number of practical steps for cross-training between accounting and finance which will make the employees, their organizations, and the entire company much more effective.