Understanding the relationship between different line items within the financial statements can provide FP&A professionals to make assumptions about the future composition and allocate resources accordingly. This analysis can be particularly useful when performing scenario analysis to assess the potential…
As mentioned, financial assets are generally the most liquid of the three. For example, bank deposits and stocks can be converted to cash within a week in most cases, while real estate and equipment has to be listed before it…
If you run a business that primarily serves local customers — like a florist or bakery — you may need a quicker delivery time than what big shipping companies offer. Before you even start looking at carrier options, take the…
In that case, investors may worry that the company isn’t taking advantage of potential growth opportunities. For example, if a company, such as a manufacturer, requires a lot of capital to operate, it may need to take on a lot…
While financial accounting might be used to track past investments and initial revenue streams, management accounting takes centre stage. Here, management accountants might utilise financial modelling techniques to create financial projections. These projections forecast future revenue, expenses, and potential profitability…
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