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Mastering FP&A with Cofi
Companies must balance detail and efficiency when budgeting and forecasting. High-level forecasting focuses on key indicators and allows for quick adaptation, but detail may be necessary in times of financial difficulty. Accuracy, ongoing dialogue, and collaboration are crucial for successful forecasting.
Fractional CFO
February 9, 2023
The Concept of High-Level Forecasting
Companies must balance detail and efficiency when budgeting and forecasting. High-level forecasting focuses on key indicators and allows for quick adaptation, but detail may be necessary in times of financial difficulty. Accuracy, ongoing dialogue, and collaboration are crucial for successful forecasting.
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