What is FP&A?

FP&A stands for Financial Planning & Analysis. FP&A is a business function that involves analyzing a company's financial performance and forecasting its future performance. The goal of FP&A is to provide financial insights and support decision-making by senior management.

FP&A professionals are responsible for a wide range of activities, including:

Developing financial plans and budgets: FP&A professionals work with other departments to develop financial plans and budgets that align with the company's strategic goals.

Analyzing financial data: FP&A professionals analyze financial data to understand the company's financial performance and identify trends and opportunities.

Forecasting financial performance: FP&A professionals use financial models and other tools to forecast the company's future financial performance.

Providing financial insights: FP&A professionals provide financial insights and recommendations to senior management to support decision-making.

Managing financial risk: FP&A professionals may also be responsible for identifying and managing financial risks to the company.

Overall, FP&A is a key business function that helps companies understand their financial performance and make informed decisions about the future.