In the ever-evolving business landscape, achieving financial success requires more than luck or hard work. It necessitates a deep understanding of your organization’s financial health, a well-thought-out roadmap, and informed decision-making. This is where Financial Planning & Analysis (FP&A) comes into play. FP&A is not just a department; it’s a strategic approach that empowers businesses…
Tag: accounting and finance
Unlocking the power of Financial Planning and Analysis
Financial planning and analysis (known as FP&A) is an essential component of any business, whether starting a new company or being established in India. It helps ensure the organization’s future success by mapping out various paths for achieving both short-term and long-term goals. In this guide, we’ll explore everything you need to know about financial…
Ind AS – Standard for financial reporting in India
The Indian financial reporting process is about to revolutionize thanks to the new Ind AS standard. The Indian Accounting Standards (Ind AS) are a set of accounting principles and standards developed by (ICAI) the Institute of Chartered Accountants of India to bring Indian accounting practices in line with global standards. This new standard is anticipated…
Financial planning & analysis: Meaning and its benefits
Are you feeling overwhelmed by your financial situation? Do you want to take a more active approach to managing your money but need help knowing where to start? Financial planning and analysis could assist you to achieve your financial goals and gain greater control over your finances. Financial planning and analysis (FP&A) are critical for…
The right way of preparing a balance sheet
A company’s balance sheet is made by gathering all accounting entries carried out during the year, such as the inflows and outflows of resources and purchases of goods, for example. It is essential to know how to carry out a balance sheet efficiently. See our step-by-step guide! Determine the period A balance sheet should represent…
The Chartered Accountant and business financing
The search for financing is a necessity that is inherent to any business, throughout its existence. Indeed, it is through the company’s ability to meet its financial resource needs, by opting for appropriate financing methods, that it guarantees its sustainability. Thus, it is more than appropriate for it to carry out this activity in an…