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FP&A’s Scope: What Is In And What Is Out?

Fpanda Club

Such tasks as reconciling accounts, monthly closing, preparing financial statements are part of the accounting cycle and are typically managed by accounting departments. FP&As role is to connect those insights to financial models and forecasts.

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How to create & use pro forma statements

Cube Software

These financial modeling tools are one of the most important to help a company prepare for any kind of scenario imaginable and map out a future trajectory. Pro forma statements are financial projections that ask and attempt to answer "what if" questions. A pro forma invoice is not a type of pro forma financial statement.