A budget uses numbers to express thoughts which can be done broadly, narrowly, or both. How thoughts are expressed is important in a budget. If a budget is not impressed properly, it becomes irrelevant in many ways.

The first Middle Eastern and African FP&A Board will be held online on the 28 September 2020 from 5-00 pm to 6-30 pm GST. Join our experienced and international panel of experts to learn how to adapt FP&A to the "New Normal".

The First Digital European (Germany and Benelux) FP&A Board will be held online on the 24 September from 5:00 PM to 6:30 PM CEST. Join our experienced and international panel of experts to learn more about FP&A Digital Transformation: Moving from Traditional to Leading Stage.

The First Digital North American FP&A Board will be held online on the 17 September from 11:00 AM - 12:30 PM PST. Join our experienced and international panel of experts to learn more about FP&A Digital Transformation: Moving from Traditional to Leading Stage.

The current COVID-19 disruption has led to a historical change requiring adaptability and increased visibility for CFO and the executive team. At the First Pan-Australian Digital FP&A Board, the panel of 7 high-profile speakers discussed how financial planning and analysis (FP&A) can adapt to the "New Normal".

The first Pan-Australian FP&A Board was held digitally as a response to the pandemic outbreak. This digital meeting was devoted to 6 facets of the New Normal FP&A including Scenario Planning, Cash Flow Planning, FP&A Team Building, Technology, Driver Based & Predictive Planning and FP&A Skills and Roles.

The current world is full of dead budgets and unrealistic forecasts, and FP&A teams need to adapt quickly to prepare for the future. At the first Digital Pan-Asian FP&A Board, senior finance practitioners from large organisations shared their insights on a variety of topics.

While rolling forecasts have clear benefits, their successful implementation needs to consider several risk areas. The purpose of this article is to explore what consequences and costs a move to rolling forecasting has for the other actors involved in the process.

In this article, I would like to summarise this insightful meeting filled with practical presentations, interactive polling questions and compelling discussions around the six facets of the “New Normal” FP&A.