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.
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.
Stay tuned for more blogs and articles from great authors.
One can find many definitions of financial analysis. Investopedia defines financial analysis as “the process of evaluating businesses, projects, budgets and other finance-related entities to determine their suitability for investment.”
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.
In this recent interview with GTNews, Larysa Melnychuk sets out the fundamentals of FP&A, its vital role within the organisation, its international aspects and future FP&A trends to watch.
+
Subscribe to
FP&A Trends Digest
We will regularly update you on the latest trends and developments in FP&A. Take the opportunity to have articles written by finance thought leaders delivered directly to your inbox; watch compelling webinars; connect with like-minded professionals; and become a part of our global community.