Financial Reporting

Financial planning and analysis are the budgeting, forecasting and analytical processes that support a company’s financial and business strategy. Financial Planning and Analysis combine deep analysis for operational, strategic and performance to support goals. It relies heavily on statistical and data analysis to measure and plan business operations and forecast their financial impact. Our team follows financial planning services:

• Planning activities
• Description
• Budgeting
• Development of financial plan for a fixed period, often 12 months
• Forecasting
• Forecast creation for expected business performance over future periods
• Rolling forecasts
• Rolling forecasts for a time horizon that is updated on a regular cadence
• Financial analysis
• Real-time tracking of project expenses and income
• Graphical representations and dashboards for visualizing financial progress
• Alerts and notifications for budget overruns or project profitability concerns

Types of Financial Analysis:

• Actual VS Budgets: Reporting on performance against agreed budgets and plans, on a regular basis, often monthly. Variances compared to prior periods are also reported as an indicator of business health. This analysis is used to support monthly and other periodic business reviews
  
• Ad hoc analysis: Business conditions are constantly changing. FP&A teams are often called up to perform ad-hoc analysis in response to changing market conditions, such as new competitors entering the market, disruptive competitive pricing changes, macroeconomic changes or changes to the global trading environment
  
• Marginal & Strategic analysis: FP&A teams are intimately involved in planning for strategic initiatives, competitive analysis and cost savings, for example, evaluating the financial impact of major new product introductions, entering or exiting markets, acquisitions or divestitures
  
• Proactive analysis: Strong FP&A teams provide business partners with provocative proactive analysis, observations, and recommendations. By proactively discovering problems and collaboratively exploring solutions, they help optimize financial outcomes