Prediction is an important work that FP&A practitioners do. This work has many challenges. One way to address these challenges is
Although there are some substantial differences between Financial Modelling and Predictive Analytics, both help us cope with uncertainties and make
Inside this article are the bread and butter ratios of statement analysis. Some gauge effective use of assets. Some report
Considering forecasting as an exercise to assess future financial performance as accurately as possible through a bottom-up approach based on
As most forecasting methods require data, a forecaster analyzes the availability of data from both external and internal sources. The availability
In an uncertain and fast-changing world, line managers need to be made aware of the uncertainties and risk inherent in
Pagination
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Karl Kern has a BBA degree in Accounting from Temple University, and an MBA degree with a concentration in Finance from Babson College. After graduating from Temple University Karl started a career where he has established a reputation as a problem solver. Karl’s reputation as a problem solver is based on his ability to create as well as implement initiatives that have helped organizations increase revenues, decrease expenses, and improve cash flows.