Financial Planning is seen as a service however seeing Financial Planning as such limits its value-added capabilities. Financial Planning creates products that help people maximize wealth. There are two products created from Financial Planning for this task.
Author's Articles
Making assessments is one part of an FP&A practitioner’s work. The purpose of assessments is to stimulate learning about the relationship between processes and outcomes. How can an FP&A practitioner give meaning to assessments?
Making projections is one part of an FP&A practitioner’s work. The purpose of projections is to establish expectations on outcomes. How can an FP&A practitioner give meaning to projections?
Numbers may be the prime element within FP&A. FP&A is relied upon to provide numbers like operating income, net cash flows, and earnings per share. Do numbers like these and others mean anything?
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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.