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According to a recent Federal Reserve study, 90% of companies with EXCELLENT financial health prepare annual budgets or forecasts. So in this episode I discuss the art of Financial Planning and Analysis (FPA) with an expert in the field, Mark Wald. Specifically, we discuss the key aspects of FPA and how it can benefit small and medium sized companies. We also discuss how FPA and traditional bookkeeping are completely different things.
Mark Wald is a Managing Director of Supporting Strategies, a nationally recognized resource for finance and accounting expertise. Mark is an "innovative problem solver who values simplicity, efficiency and collaboration between people and organizations, with strong experience in financial modeling and data analytics to inform and support quick decisions on complex issues."
Make sure to listen to the very end to hear Mark's top FPA "tip" for you and your business.
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According to a recent Federal Reserve study, 90% of companies with EXCELLENT financial health prepare annual budgets or forecasts. So in this episode I discuss the art of Financial Planning and Analysis (FPA) with an expert in the field, Mark Wald. Specifically, we discuss the key aspects of FPA and how it can benefit small and medium sized companies. We also discuss how FPA and traditional bookkeeping are completely different things.
Mark Wald is a Managing Director of Supporting Strategies, a nationally recognized resource for finance and accounting expertise. Mark is an "innovative problem solver who values simplicity, efficiency and collaboration between people and organizations, with strong experience in financial modeling and data analytics to inform and support quick decisions on complex issues."
Make sure to listen to the very end to hear Mark's top FPA "tip" for you and your business.