2017 budgets might be locked and loaded at your company, but that does not mean that they need to be anchors on your company’s ability to anticipate, respond and react effectively to dynamic market conditions in 2017.

There are many definitions of culture.  From a business perspective I like the definition of culture as “the beliefs and behavior that determine how people interact and handle transactions.”  I like this definition because it includes the word “transactions.”  Transactions are unavoidable within businesses.

How to establish sustainable success in Strategic Finance, one step at a time. When executed correctly, Strategic Finance is the linchpin between Strategic Planning and Budgeting. It helps organizations turn strategic thinking into reality by cascading thoughts and goals into measurable financial outcomes.  

An important characteristic of FP&A practitioners is a commitment to continuous improvement.  There are a number of ways for FP&A practitioners to commit toward improving their work.  For me, one of the ways I commit to continuous improvement is reading books.

Financial Planning and Analysis (FP&A) play a pivotal role between Strategy, Business and Data: a business partner advisor, helping to form a pathway that navigates an uncertain future, but in reality, the value created is very difficult to measure.

Cost Accounting provides insight into the relationship between financial sacrifices and financial benefits. There are a number of elements within this discipline that support this relationship. FP&A stimulates thinking about activities that create sacrifices in order to create benefits. These activities develop a framework for understanding what organizations are doing and where they are going.  The question is: which element of Cost Accounting develops a meaningful framework that links activities to understanding?