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MASTER STRATEGIC FINANCIAL PLANNING
We need to start connecting our Current Strategy to translate it into financials, this is done by understanding the vision of the company.
Evaluation of the current strategy is key before Financials plans are created.
So, once Strategy Financial plans created, then the budget will be created inside the Financial Plan.
The budget is static and become out of date as the time passes, this is where Rolling Forecast takes place and the variance analysis becomes useful and action taken analysis.
By doing this, the company will create VALUE instead of just focusing on the short term PROFIT.
If you are interested in learning more about how to Master Strategic Financial Planning, please Watts app through +968 74199853
for listening to the video regarding this topic, the link is https://www.linkedin.com/posts/iman-hamdan-aly-fcca-c-cfo-657045118_master-strategic-financial-planning-we-activity-7433790441789169664-IkGS?utm_source=share&utm_medium=member_desktop&rcm=ACoAAB0xqWMBBHH78sM1UKMgb2YQD_YLa-l93H0