In compiling the Brexometer , certain political factors are assessed. This month these factors are moving around considerably, even on a daily basis. For your interest though, here are some of the key political assumptions used for the January 2019 Brexometer reading.
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Despite some advances in the application of new costing techniques such as activity-based costing, are management accountants and FP&A professionals adequately satisfying the needs of managers and employee teams for decision-based cost information?
This article will emphasize that ZBB is not exclusively for small businesses. It discusses zero-based budgeting as a tool that can be used to improve a company's understanding of is processes, risks, and opportunities and does not need to be applied to every line or department impacted in the budget.
By Thorsteinn Siglaugsson, Consultant / Corporate Trainer / Manager
The daily routine of FP&A professionals revolves around providing reports and analyses for senior and operational management, to manage core processes such as budgeting, forecasting, cost allocation and consolidation. And usually they are hard-pressed for time.
By John Sanchez, Keynote Speaker, Corporate Trainer and Author
To paraphrase the concept of Occam's razor, simpler explanations are generally better than more complex explanations. In a sense, the answer is in the question, "How do we make the complex easier to understand?" Keep the explanations simple.
By Karl Kern, Accountant / Lecturer / Writer
The purpose of an income statement is to describe the delivery of products or the provision of services. This purpose is seen as an end result of Financial Planning but this purpose can be seen as a starting point of Financial Planning. As a starting point of Financial Planning people should think about how to accumulate wealth from the delivery of products or the provision of services.
The New York FP&A Board will meet on the 28th of March 2019 for the fifth time. The professional debate will be devoted to the subject of the Integrated Business Planning.
The Boston FP&A Board will meet on the 26th of March 2019 for the fourth time. The professional debate will be devoted to the subject of Integrated Business Planning.
The Toronto FP&A Board will meet on the 21st of March 2019 for the second time. The professional debate will be devoted to the subject of FP&A Analytical Transformation.
By Andrew Codd, Founder and Lead Producer The Strength In The Numbers Show
The author Andrew Codd is the producer of the Strength in the Numbers Podcast which interviews real finance practitioners to break down their hard-won lessons and deconstruct their practical methods that work on the job and which you won't typically find in textbooks or exams so that we create more influential finance professionals worldwide who solve meaningful problems for their organisations and in return have fun, rewarding and successful careers in finance. The great thing about being in FP&A is that we get to observe in real life and hear stories about many interactions, good and bad, between many colleagues across the business.
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