This edition brings you articles covering the transformative impact of the FP&A function, the necessary skills of an FP&A professional, the main difference between Integrated Financial Planning (IFP) and Integrated Business Planning (IBP) and finally a case study on the replacement of a classical cost-accounting system through artificial intelligence.

How do we change this view that is prevalent in several stakeholders across businesses? 
 

The 25th London FP&A Board Meeting was brought together 25 Financial Planning and Analytics specialists to discuss some of the biggest trends in the industry.

The 26th London FP&A Board will take place on the 6th of February 2020 to debate the subject of "Beyond Budgeting or Better Budgeting?"

The tenth meeting of the Zurich FP&A Board will take place on Thursday,  30th of January 2020 to debate the subject of "FP&A Storytelling".

How can FP&A partner with the business to enhance enterprise value? By optimising the decision-making process and supporting critical investment decisions, FP&A can drive the business forward.

FP&A is quickly becoming one of the most important fields within corporate finance. How does someone not currently in FP&A enter the field?  How does someone already in FP&A succeed in their role and ensure they're at the forefront of the function's evolution? This article will explain.

The eleventh meeting of the Geneva FP&A Board will take place on the Tuesday, 28th of January 2020 to debate the subject of "FP&A Storytelling".

Budgeting no longer helps organisations to perform better. On the contrary. It prevents organisations from performing to their full potential, because given the level of volatility, uncertainty and ambiguity in the world only thing we know for sure is that we don’t know. “The future ain’t what it used to be”, as the American baseball player Yogi Berra once put it.

At the third meeting of the AI/ML FP&A Committee, Xena Ugrinsky, Principal and Founder at GenreX, talked about the future of FP&A and some ways of incorporating AI into the financial forecasting process. Also, Xena provided an example explaining how Stanley Black & Decker improved financial forecasting by 60%.