This document provides a checklist for identifying core and non-core activities within a company's Finance and Accounting department. It defines the key processes within F&A and provides guidance on assessing whether each process is core or non-core based on factors like whether the process is strategic, adds customer value, requires business judgment, or can be automated. Outsourcing non-core F&A activities can allow a company to focus on its strategic vision and gain efficiencies through access to new technologies and flexible resourcing.