FP&A

Since the popularization of ChatGPT in December, the availability and adoption of deployable AI models has increased dramatically. While the value derived from such algorithms most certainly extends to financial modelling in the form of improved speed, accuracy, and insights, it is important to...

Budgeting is an essential process for any organization, be it a business, government agency, or non-profit. It involves creating a financial plan that outlines expected income and expenses for a specific period. The budgeting process includes various steps, such as forecasting revenue and expenses,...

Given the rapid growth in the sheer volumes of data to be analyzed, coupled with the need for automation, customization and accessibility, FP&A professionals have increasingly found it burdensome to perform their functions on an Excel worksheet. This pain point especially comes into sharp focus...

We got an idea of what is a Quality of Earnings (“QoE”) analysis, the procedures performed for such analysis, and the purposes & types of adjustments, in our Quality of Earnings Part 1 blog (Quality of Earnings – Part 1). With these basic concepts...

Often small businesses have ample of accounting anomalies such as personal expenses recorded in the books, cash basis of accounting, multiple one-time expenses, inaccurate assumptions, and so on. Quality of Earnings (“QoE”) reports help break down the components of financial statements and gives a...

A key procedure in our work preparing Quality of Earnings (“QoE”) reports is to chart cumulative EBITDA against cumulative operating cash flows. The aim of this procedure is to provide quick insight into the accrual’s ratio of a business, which is a measurement of...

Introduction Capitalization tables are a necessary component of the financing/investment process for both founders and investors. For founders and previous shareholders, cap tables identify the effect on ownership of new capital raised, for investors, cap tables show what they are getting for what they...

As private equity firms are increasingly focused on adding value to portfolio companies, key performance indicators (“KPIs”) have been growing in importance. KPIs are quantitative measurements that allow users to continually assess a company’s performance; examples include Revenue per Client, Client Retention Rate, Customer...

Many companies falsely believe that having a CFO, or a robust financial department, means that they shouldn’t look into an externally built model.

What does “Finance” do? While it may sound like a simple question, it’s actually a very legitimate one, because the answers will be wide-ranging across CFO's.