The Top 7 Reasons Why a Qualification in Financial Planning & Analysis is Essential
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As the finance transformation takes hold, FP&A professionals need to spend less time on basic budgeting and reporting responsibilities, and more on analysis and recommendations to drive the organization’s future growth.
Here are a few of the reasons why the FP&A Credential is crucial to business:
1. The only professional qualification in financial planning
That’s right. The FP&A credential is the only qualification of its kind and it brings a much-needed set of standards to the industry that has benefits galore for business and for professionals in their careers.
2. Sponsored by international organization AFP
The Association for Financial Professionals (AFP) is the professional society that represents finance executives globally. In addition to the Certified Corporate FP&A Professional credential, the AFP established and administers the Certified Treasury Professional credential, both of which set standards of excellence in finance.
3. Critical to corporate financial success
Having brought much-needed standards to the world of financial planning and analysis, the FP&A designation brings positive impact to bear on areas such as the ability to provide more accurate forecasting on which to base strategic decisions.
4. A key driver of business decisions
An FP&A professional provides crucial insights to the financial decision-making process in an organization. Major business decisions are taken based on their analysis, financial projections (planning, budgeting and forecasting), and reporting.
5. Integral to push revenue growth
The insight shared by an FP&A professional provides the foundation on which businesses strategically plan for the future and target revenue growth.
6. Benchmarks professional standards
As the only professional designation of its kind, the FP&A sets the standards of excellence for the industry.
7. Acts as a talent marker
Hiring for positions in financial planning and analysis is now no longer the challenge it once was. The FP&A designation automatically delivers credibility and demonstrates that the holder has in-demand skill-sets sought by employers.
Sounds exciting enough? You can become a FP&A in six easy steps. Find out how.