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21min chapter
The Chief Forecaster will See You Now-Nate Kaemingk
FP&A Today
Navigating Forecasts and Budgets
This chapter explores the key differences between rolling forecasts and traditional annual budgets, stressing their significance in organizational financial planning. It highlights the need for effective communication of financial concepts across departments, emphasizing realignment of targets with actual business performance. Additionally, the chapter addresses the complexities of adapting budgets to changing market conditions and the role of technology in enhancing forecasting accuracy.
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