article thumbnail

Understanding the Importance of Financial Modeling: Should You Build a 3-Year Model?

CFO Selections

“How do you build a three-year financial model?” A financial model is a type of financial projection that pulls together important data to allow organizations to analyze their current financial position and predict their future financial position. It’s a question we get (and answer) a lot.

article thumbnail

Finance and GenAI: managing risks and adding value

Future CFO

Gerry Chng , Risk Advisory Executive Director at Deloitte Singapore , sees that one of the key uses of Generative AI is the ability to create synthetic data to augment existing data points in a more cost-effective manner, which in turn makes it easier to conduct financial modelling and risk analysis.

Finance 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Benefits of partnering with a Private Equity Consultant

E78 Partners

They also assist private equity firms in finding potential investment opportunities, evaluating the financial and operational health of target companies, and enhancing the value of portfolio companies through performance improvements and growth strategies.

article thumbnail

Transforming Audit Readiness into a Strategic Advantage

E78 Partners

Strengthening Internal Controls and Risk Management Internal controls form the backbone of audit readiness. Collaborating with the strategic FP&A team early in the process is particularly valuable, as their forecasts and financial models provide key inputs for impairment testing and other complex calculations.

article thumbnail

How to Find the Best FP&A Candidates for Your Team

Spreadym

Skills: They possess a range of technical and soft skills, including financial analysis, financial modeling, data management, budgeting, forecasting, communication, and problem-solving skills. Experience: FP&A candidates may have prior experience in financial analysis, accounting, or related roles.

article thumbnail

Interest rates and the Modern CFO

CFO Talks

The decision to maintain interest rates underscores the importance of astute risk assessment. When interest rates remain stable, CFOs can confidently plan their finances, minimising the risks associated with interest rate fluctuations. When interest rates remain steady, CFOs must meticulously review their financial projections.

CFO 52
article thumbnail

What-if analysis or why is it important for good financial planning software?

Spreadym

You can analyze the potential returns and risks associated with different investment options by adjusting variables such as interest rates, market conditions, or investment durations. Risk Management: What-if analysis is also useful in risk management.