Financial Planning & Analysis

WHAT IS FP&A
CONSULTING?
by Carl Seidman
CPA/CFF, CSP, CFE, CGMA, CIRA, AM

© Copyright 2023 carlseidman

Seidman Financial and Seidman Global LLC #seidmanfinancial
 What is the
difference between

IN-HOUSE FP&A

AND

FP&A CONSULTING?

© Copyright 2023 carlseidman

Seidman Financial and Seidman Global LLC #seidmanfinancial
In-house financial planning and
analysis (FP&A) focuses on
activities including:

Forecasting
Budgeting
Financial modeling
Profitability analysis
Cost analysis
Capital planning
Performance improvement
Strategic decision-making

© Copyright 2023 carlseidman

Seidman Financial and Seidman Global LLC #seidmanfinancial
Outsourced financial planning
and analysis (FP&A), or FP&A
Consulting focuses on activities
including:

Forecasting
Budgeting
Financial modeling
Profitability analysis
Cost analysis
Capital planning
Performance improvement
Strategic decision-making

© Copyright 2023 carlseidman

Seidman Financial and Seidman Global LLC #seidmanfinancial
 Did you notice
any difference?

Probably not.

© Copyright 2023 carlseidman

Seidman Financial and Seidman Global LLC #seidmanfinancial
 But FP&A
consultants offer
expertise

that many internal

FP&As don't have.

Because they've
worked with lots of
companies across
lots of industries
© Copyright 2023 carlseidman
Seidman Financial and Seidman Global LLC #seidmanfinancial
 FP&A engagements
may look like:
Assessment: Initial meetings to understand
the company's issues, mandates, and
objectives.

Scope of work: Development of a proposal

complete with what will be done, who's
responsible, how long will it take, and risks
involved.

Planning: Establishment of a detailed

project plan, including resources involved,
data to be gathers and key milestones.

© Copyright 2023 carlseidman

Seidman Financial and Seidman Global LLC #seidmanfinancial
 FP&A engagements
may look like:
Execution: Completing the scope of work,
including financial modeling, analysis, or
other tasks.

Reporting: Presenting the results of the

work, key findings, recommendations, and
intelligence to the client.

Ongoing Support: Offer the client ongoing

advisory services for implementing the
recommendations, monitoring progress,
and ensuring a transition to the in-house
team.
© Copyright 2023 carlseidman
Seidman Financial and Seidman Global LLC #seidmanfinancial
LEARN CFO AND FP&A CONSULTING

© Copyright 2023 carlseidman

Seidman Financial and Seidman Global LLC #seidmanfinancial