3 Reasons Why FP&A Pros Should Learn the Taxonomy of Risk
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Bryan Lapidus Bryan Lapidus
3 Reasons Why FP&A Pros Should Learn the Taxonomy of Risk

A planning process starts with the company's mission and goals, and then breaks those down into more detailed execution plans and forecasts. In FP&A, we focus on how to achieve the company's goals and create forecasts that show whether we are on track or need to adjust course. Our colleagues in risk management look at what can prevent us from achieving those same goals and ask the question, "What could go wrong?"

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