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FP&As role is to connect those insights to financialmodels and forecasts. Reporting historical data and actuals While FP&A may conduct retrospective analysis to identify trends and patterns, the primary focus is on using historical data to inform future strategic or tactical decisions.
To perform these functions marketing, as a discipline, possesses a wide range of tools and techniques that can be used to analyzedata, verify hypotheses and communicate information. planning, reporting and analysis) are the products/services of the function.
By providing financial insights and analysis, they assist in evaluating investment opportunities, assessing the financial impact of strategic initiatives, and developing long-term financial plans. Resource Allocation: Financial Planning and Analysis helps organizations allocate their resources effectively.
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