During 2019 I have contributed articles to FP&A Trends that have addressed financial planning. The articles have addressed financial planning from the perspectives of financial statements, fields of study, and business functions. The purpose of addressing financial planning from these perspectives is to provide insights into usage. Usage of financial planning is important because it begins a process of improving financial health. Improving financial health can be achieved when finance professionals use financial planning.
FP&A Insights
FP&A Insights is a collection of useful case studies from leading international companies and thought leadership insights from FP&A experts. We aim to help you keep track of the best practices in modern FP&A, recognise changes in the ever-evolving world of financial planning and analysis and be well equipped to deal with them.
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For all planners, forecasters, analysts and political junkies, here is an unbiased assessment of the two main parties’ plans as we undergo a frenetic and emotionally charged General Election campaign.
Over the years I’ve learnt a few things about implementing performance measurement systems in practice. These suggestions apply equally whether we are talking about key performance indicators, scorecards or dashboards.
Decision making requires a formal process to ensure that sound bases are taken into consideration and to ensure accountability and control. It is applicable to the different types of (material) decisions i.e. investments, developments, catalogue or contract pricing, reorganisation, etc. It is more flexible and specific than the forecast methodology (budget, rolling forecast, etc.).