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FP&A Education

Acquiring FP&A Skills from Unique Experiences

By Karl Kern, Founder/President, Kern Analytics LLC

This blog post  addresses the acquisition of FP&A skills.

People who want to become financial planning and analysis (FP&A) practitioners obtain advice on how to achieve this goal.  One piece of advice is to acquire education by taking courses in subjects like accounting, economics, and finance.  Another piece of advice is to acquire experience by working in companies that have specialized FP&A departments.  These pieces of advice are examples of traditional paths to follow. 

Modern FP&A: Some Important Techniques, Methods and Concepts

By Larysa Melnychuk, Managing Director at FP&A Trends group

The world of financial planning and analysis has observed changes of such magnitude that they cannot be described by our traditional statistical and analytical models. In this age of frequent Black Swan events, the traditional business approach to operating on an annual budget and forecast is no longer effective. In order to deliver a competitive advantage to a company, modern FP&A function needs to be flexible and dynamic, be based on sophisticated analytics, examine life-time values of the products and services and encourage business partnering. This significant change in the role of FP&A function requires big cultural shift and modern change management techniques....

Around the World, FP&A Goes by Many Names

In an interview to GTNews, Larysa Melnychuk, Managing Director at FP&A Trends group, shares her  knowledge on the current state of Financial Planning and Analysis in different countries.

Although it is becoming commonplace to refer to financial planning and analysis as FP&A, this is actually an American term and one that is still not widely used outside of the US.

It is true that around the world, FP&A goes by many names.

Top 5 FP&A Trends and Challenges

By Larysa Melnychuk, Managing Director at FP&A Trends group

The past 5 years have seen significant transformations in the FP&A world.

I have been fortunate enough to have travelled extensively and seen these changes.  I observed many restructures, system implementations, analytical insights and innovations, redundancies, frustrations, deadlines… In other words- I saw a lot of changes in the FP&A World first-hand: both successful and painful. I met a lot of FP&A professionals – hard working, exciting, inspiring and often burned out.

At the beginning of this year, I want to share my list of the Top 5 FP&A Trends to watch in 2106.

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