A budget is often a strategic anchor rather than a tool that facilitates effective decision making. Success in today’s world means innovative management models that release people from staffing bureaucracy and suffocating controls, and trusting them with information and empowering them to think, reflect, share, learn, and improve
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The statistics reveal that 60%-90% of strategy implementations fail and only 14% of executives are satisfied with the execution of a strategy. Why do companies systematically fail to set meaningful and achievable targets that can help close the strategy gap? What should be the role of the FP&A in Strategic Planning?
Considering forecasting as an exercise to assess future financial performance as accurately as possible through a bottom-up approach based on actual facts, it appears necessary for an Organisation to become conscious of its own culture.
The Toronto FP&A Board is proudly sponsored by:
The Toronto FP&A Board was established on the 19th of June 2018 as an educational and networking platform for the local FP&A community.
Since then, 146 members, representing leading global and local companies such as Microsoft, Siemens Building Technologies Canada, Omnicom Media Group, Bayer, Sanofi, AstraZeneca Canada, Nestlé, Walmart Canada, Ericsson, and many others joined this think-tank. Together, we explore the best way to address the challenges in the FP&A community in the 21st century.
During the meetings, we guide the development and promotion of best practices in global FP&A, identify and support new trends, skillsets and innovations. The speakers from Microsoft, Knix, Stewart Title, Kruger Products L.P., and others presented their insights and case studies.
Toronto FP&A Board Registration Form - 6 March 2025
- Participation in the FP&A board's events is strictly by-invitation-only, with 25-30 attendees per meeting
- It is exclusive to practitioners at CFO, FD, and Head of Finance levels
Please fill in the registration form below:
The New York FP&A Board will gather on 14 June 2018 for the fourth time to debate on the hot subject of the Driver-Based Planning.
By Karl Kern, Accountant / Lecturer / Writer
Making predictions is an important part of our work as FP&A practitioners. Its importance is due to need but need can be hindered due to incomplete knowledge.
Boston FP&A Board will meet on 12 June 2018 for the third time to debate on the hot subject of the FP&A Business Partnering.
One important skill finance professionals are never taught during their formal education is the power of personal engagement with operations and using these relationships to deliver bottom-line value. There is too much focus on models, processes, procedures and systems without regard to the fact that all these have to be developed, operated and interpreted by people.
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