An in-depth look at FP&A-related topics that are developed via interviews with finance professionals. Presented as quarterly case studies with practical applications and tools to help you make informed decisions about key FP&A methods.
Increasing FP&A's Effectiveness by Integrating Risk Management
FP&A is naturally connected to risk management, as it already addresses volatility, uncertainty, complexity, and ambiguity from efforts to forecast and project financials forward. FP&A studies trends and variances to plan, reacts to changes in the market and operations, and revises its estimations. Trends in risk management also bring FP&A and risk closer together; in recent years, the risk management field has been moving in a similar direction to finance, broadening its scope from event-driven losses to a forward-looking view of risk as anything that obscures the pursuit of value. AFP's latest FP&A Guide looks at how FP&A can improve its craft by incorporating risk management principles.
Additional Resources
Risk Reporting Template
Member-Only
Step-by-step templates to help you get started on risk planning.
FP&A Maturity Model
Develop a baseline for your current FP&A practice, and a roadmap to improve in various areas.