Articles
After the AFP FinNext Virtual Conference Planning Task Force met in January to select the sessions, a few of the members sat back to reflect on the larger trends evident in the multitudes of proposals. What they found were three core themes that reinforced the need for finance to hold multiple points of view simultaneously.
01/27/2021
As of January 25, the acronym FPAC will officially be used to denote the Association for Financial Professional’s Corporate Financial Planning and Analysis Professional credential.
01/25/2021
We are pleased to announce the members of AFP’s 2021 Financial Planning and Analysis (FP&A) Advisory Council. These members represent a broad cross section of industries, size, and ownership structure, and are selected based on their contributions to the FP&A practice, expertise in specific areas, and desire to contribute to the advancement of their peers.
01/25/2021
Our last article discussed model governance and risk management, the background to successful development. If we think about building a model as a product development process, we can apply best practices from decades of research and the current trends.
01/19/2021
Writing about career prospects for 2020 seems out of place at a time when professionals are worried about their jobs as much as companies are distressed about staying in business. But as history has shown us – there is a cycle to everything – and this period of relentless challenges will eventually come to an end, and professionals and businesses will begin anew.
01/19/2021
Unlike a typical financial downturn, the impact of COVID-19 pandemic has been far more difficult to predict. In this environment, with traditional business models and old market assumptions no longer working, companies are turning to financial planning and analysis (FP&A) professionals to help them navigate the turbulent waters and prepare for the aftermath. But are they ready?
01/19/2021
With the ISO 20022 standard now seeing widespread adoption, financial messaging has never been more relevant in cross-border transactions.
01/06/2021
AFP is proud to introduce the new Chairman and Vice Chairmen of its Board of Directors, as well as some new members.
01/06/2021
During the AFP 2020 Insurance Industry Roundtable, sponsored by Fifth Third Bank, treasury professionals discussed their response plans to the COVID-19 pandemic.
01/05/2021
Mat McBride, finance leader for Microsoft’s Cloud and Gross Margin, recently sat down with us for a virtual conversation. We asked him about the challenges currently faced by CFOs, CPOs, and other financial decision makers, the concerns of customers and investors, and building resiliency.
01/05/2021
While SOFR is the chosen successor to Libor in the United States, other rates have emerged as potential alternatives. The latest AFP Treasury in Practice Guide, underwritten by Kyriba, takes a look at Ameribor.
01/05/2021
Rob Trippe, M&A, corporate finance advisor and analyst for Corporate Finance Consulting & Advisory, discusses the role that models play and the challenges that they present to FP&A departments.
01/05/2021
Peggy Ang, FP&A Leader for APAC for National Instruments and a member of AFP's APAC FP&A Advisory Council, discusses the ways in which finance has changed as her career has progressed.
01/05/2021
AFP's new Payments Guide features an in-depth look at a new plan by the G20 and the Financial Stability Board (FSB) to strengthen and modernize the cross-border payments infrastructure.
01/04/2021
During a recent webinar, treasury practitioners based in the Asia-Pacific (APAC) region discussed the value of earning the Certified Treasury Professional (CTP) designation.
12/21/2020
We are already in the midst of a talent war. Nowhere is this more evident than in the role of financial planning and analysis (FP&A).
12/11/2020
Martha Sierra of the British Council and AFP's APAC FP&A Advisory Council has handled FP&A duties in multiple countries, taking on unique challenges with each new role.
12/11/2020
The 2020 AFP FP&A Survey, underwritten by Workday, Inc., found that demand for forecasting services increased in 2020 and is expected to remain at an elevated level.
12/11/2020
The 2020 FP&A survey examines FP&A’s abilities by focusing on the quality and accessibility of the data, and the tools available to examine and find meaning in that data. Here are a few highlights.
12/10/2020
Model governance is a set of activities, policies and procedures which formalize model and model risk management activities for implementation.
12/01/2020
The Federal Reserve, the FDIC and OCC issued a joint statement urging banks to cease entering into new contracts that use U.S. dollar Libor as a reference rate.
12/01/2020
U.S. businesses finally appear ready to shed paper checks and embrace digital payments for business-to-business (B2B) transactions, according to the 2020 AFP Survey, sponsored by Truist.
11/17/2020
The 2020 AFP Asia-Pacific Treasury Management Handbook, sponsored by Kyriba, explores the ways in which treasury interacts with a range of third-party organizations, within a regulatory framework set by a number of legislators and regulators.
11/16/2020
Every year, FP&A goes through the exercise of preparing a plan for the upcoming year. And then it all changes. What is a planning function to do in the wake of this? Be ready for everything.
11/16/2020
Kwaku Agyemang-Duah, Senior Manager of FP&A at AirtelTigo Ghana, tells the story of his transition from engineering to FP&A.
11/13/2020
In order to maintain business continuity in the remote working environment, treasury departments have been forced to rapidly move towards digitalization.
11/10/2020
To bolster its expansion into the Asia-Pacific (APAC) region and support the financial planning and analysis (FP&A) profession around the world, AFP has formed the APAC FP&A Advisory Council (FPAAC).
11/05/2020
At the AFP 2020 FP&A Happy Hour, sponsored by CCH Tagetik, Planful and Vena, the conversation quickly turned how finance has changed in a remote working environment.
11/03/2020
AFP and Beacon FinTrain have joined forces to offer special training courses for treasury and finance professionals throughout the Middle East.
11/02/2020
At AFP 2020, keynote speaker Daniel Pink, New York Times bestselling author, provided attendees with a look at the importance of timing in their professional and personal lives.
11/02/2020
AFP 2020 FP&A keynote speaker Amy Vetter outlined how to prepare ourselves and our department to deliver finance expertise that is insightful, timely and well presented.
10/28/2020
In an AFP 2020 presentation, FP&A professionals discussed how they improved technology to accelerate cycle times for planning, reporting and analytical processes.
10/27/2020
During the AFP 2020 Payments Roundtable on Fraud and Control, sponsored by Kyriba, treasurers discussed the threat of business email compromise (BEC) scams and what organizations can do about them.
10/27/2020
In the AFP 2020 MindShift Keynote presentation, sponsored by Capital One, quantitative futurist and best-selling author Amy Webb equipped attendees with the tools they need to think like futurists.
10/27/2020
Dräger has emerged as the winner of the AFP 2020 Pinnacle Grand Prize for excellence in treasury and finance. The Pinnacle Grand Prize, sponsored by MUFG, was presented today during the AFP 2020 Virtual Experience.
10/20/2020
Like many financial professionals, Danny K. Shiu wasn’t looking for a career in FP&A. But once he found it, it turned out to be his true passion. That ultimately led him to seek out the AFP's Certified Corporate FP&A Professional credential.
10/07/2020
As the COVID-19 pandemic has unfolded, bank relationships have proven to be critical for treasury departments.
10/06/2020
Just what is a financial model? Are Excel workbooks considered to be models? Or are models confined only to large, complex data driven statistical models?
10/01/2020
AFP and Tranvorma have announced a formal partnership to offer exam preparation programs for treasury and finance professionals based in Jakarta, Indonesia.
09/22/2020
AFP’s Asia-Pacific Treasury Management Handbook, sponsored by Kyriba, explores the structures of regional treasury centers.
09/22/2020