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What is Financial Planning and Analysis (FP&A)?

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What is Financial Planning and Analysis or FP&A? FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. These reports help decision-makers understand the financial health of the organization and make data-driven decisions.

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All about the chart of accounts

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By using the chart of accounts, organizations can ensure that financial information is recorded in a logical and structured manner, facilitating efficient bookkeeping, financial analysis, and compliance with accounting standards and regulations. It provides a standardized structure for aggregating and summarizing financial data.