What is the role of FP&A in business finance?
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1 Answer
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Business finance relies heavily on financial planning and analysis (FP&A), which forms the basis of organizational decision-making and strategic planning. Fundamentally, finance and accounting (FP&A) is the methodical examination of financial information with the goal of supporting business executives in making decisions that propel strategic business initiatives.
With the help of this feature, businesses can project their financial results in the future using past data, current market conditions, and economic projections.
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