I created this FP&A Mega Guide which is a compilation of my best visual content for FP&A and Finance Professionals. The Mega Guide includes: The 12 FP&A Principles How To Be Finance Business Partner Three Principles For Finance Professionals PVM Analysis: Application In Real Life How To Calculate The Exchange Rate Effect Vertical Analysis Infographic …
Overhead expenses are not enough challenged by finance. Why ? We think that we can’t do much about it… I also thought that there was no possibility to improve overhead costs.How to change group fees ? How to reduce personal costs ?This seemed impossible. But one day, I was assigned to reduce structure costs.I had …
5 years ago I made 4 changes in my professional and personal life: – I changed country (moved from Luxemburg to Germany). – I changed language (French to German). – I changed industry (Financial Services to aerospace, transport and defence). – I changed job (audit to controlling). In this post I am sharing with you: …
Five whys (or 5 whys) is an iterative interrogative technique used to explore the cause-and-effect relationships underlying a particular problem. The primary goal of the technique is to determine the root cause of a defect or problem by repeating the question “Why?”. Each answer forms the basis of the next question. The “five” in the …
You want to be a better finance professional? Reflect on these 12 principles and pick 2 you want to focus on in the next 4 weeks. 12 FP&A Principles Based on a publication from Lawrence Serven and Kip Krumwiede for the IMA | Institute of Management Accountants