|
|
| Financial Analysis What is financial analysis, and how does it help? Bookkeeping provides the raw accounting data from business performance. But analysis is much more than a numerical exercise. It is a critical, (a "why") analysis, it incorporates qualitative data, (current facts and events and simple unstructured information) to processing accounting numbers to understand the reasons, actual costs and consequences of past activity to figure out future scenarios for making now new decisions to aid cost and make performance behaviour more predictable. Financial analysis so provides conventional management accounts but enlarges on them. The pupose is to ensure the accounts can reflect and measure the strategic choices. Much of this information, (e.g. inflation and interest rates) comes from the environment, not just from within the business, and FABCP prepares itself by being responsive and proactive for producing and analysing data. Unlikely many consulting firms who can only focus on results, FABCP produces results and understand accounting systems to quantify the effect of implementing its solutions. Our clients have the double relief that not only get delivered a result, but accounting reports can be produced to corroborate improvements. Onwards the information can be used to make further assessments and decisions. Among many business pacakes, wee have advanced knowledge to maximise the use of Excel spreadsheets for reporting and presenting results. Within this remit, FABCP can calculate and appraise: Accounting ratios with analysis relating them to other figures in balance sheet and profit & loss accounts Variance analysis to establish actual costs and performance to compare with expectations to identify areas for improvements Cost & profit analysis reports with relevant breakdown by department, time period, etc. Budgets, profitability trends and changes in cost over long periods of time to renegotiate fees and trading terms
Modelling, (appraisal to forecast value of investments or new business segments/new clients/customers), expenditure and incomeAdvice on pricing new products/services Process sales orders data to understand customers' reasons and patterns for buying Prepare job estimates with recommendations for your customers Stock control books and allocation of stock to projects Any other numerical and qualitative analysis as identified or requested by client
| |
|