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Accessible FP&A
February 15, 2017

By Karl Kern, Accountant / Lecturer / Writer

FP&A Tags:
What is FP&A, Financial Planning and Analysis

A purpose of FP&A is to help people acquire insight into how organizations function.  People acquire insight from a variety of sources; they can acquire insight by reading reports, talking to people, or walking through facilities.  A reason people choose a certain source to acquire insight is accessibility and as a result FP&A practitioners should make their insight accessible. 

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Clinical & Statistical FP&A
August 15, 2016

By Karl Kern, Accountant / Lecturer / Writer

FP&A Tags:
What is FP&A, FP&A People

In his book THINKING, FAST AND SLOW Daniel Kahneman describes two schools of psychology within the study of decision making. Clinical psychologists advocate the use of methods like heuristics (rules of thumb) and intuition for making decisions. Statistical psychologists, on the other hand, advocate the use of methods like simple algorithms or formulas for making decisions.

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Adding Value to Entrepreneurs through FP&A
June 29, 2016

By Karl Kern, Accountant / Lecturer / Writer

FP&A Tags:
Financial Planning and Analysis, What is FP&A

This blog post looks at the ways of how FP&A can help entrepreneurs to accomplish their goals. The action that entrepreneurs take is described through financial reports. Financial reports establish a communication process that reveals what entrepreneurs want to do and how they will do it.

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The Purpose of Planning and Why It Often Fails
June 13, 2016

By Michael Coveney, Analytics Thought Leader and Author

FP&A Tags:
Financial Planning and Analysis, What is FP&A, Planning and Budgeting

Most people will agree that planning is a vital activity for every corporate body.  It is often carried out according to a management calendar.  Long-range and resource planning tends to take place on an annual basis, forecasting tends to be quarterly, while reporting is monthly driven. 

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Acquiring FP&A Skills from Unique Experiences
May 31, 2016

By Karl Kern, Accountant / Lecturer / Writer

FP&A Tags:
Financial Planning and Analysis, FP&A Skills, What is FP&A

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.

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Two Proven Techniques to Minimize Optimism Bias in Financial Planning & Analysis
March 22, 2016

By Karl Kern, Accountant / Lecturer / Writer

FP&A Tags:
Financial Planning and Analysis, What is FP&A, Forecasting Quality

One of the realities that FP&A professionals need to realize is people tend to be too optimistic in their financial plans.  People tend to expect higher revenues, lower expenses, or less time to recover the amounts of their investments.  Psychologists label these expectations as optimism bias. As an accountant, I am guided by the conservatism principle.

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Modern Financial Planning and Analysis (FP&A): Latest Trends and Developments
 
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The Launch of the Oslo FP&A Board Modern Financial Planning and Analysis (FP&A): Latest Trends and Developments

September 16, 2025

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September 17, 2025

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