Here's how you can effectively analyze and interpret financial data as a leader in budgeting and forecasting.

Understand the Business Context: Know your industry trends, business model, and key performance indicators (KPIs). Analytical Tools: Use tools like Power BI, Tableau, or Excel for data visualization and analysis. Data Accuracy: Collect data accurately, validate regularly, and maintain data integrity. Perform Comprehensive Analysis: Analyze historical trends, variance analysis, and scenario planning to prepare for different outcomes. Collaborate with Stakeholders: Work with sales, operations, and marketing to gather insights and communicate findings. Adopt Strategic Forecasting: Use rolling and driver-based forecasting to update predictions based on real-time data. Manage Risks: Identify potential risks and develop mitigation strategies.

I haven't done it in a long time, but typically I would start with a cash flow statement. It helps me answer the question: how does the company finance its operations, where the cash comes from. Then the balance sheet, to see how balanced the assets are over the liabilities and the structure of equity and then p&l to see the volume and return over assets, equity. And then detailing over the cash cycle, receivables, deferred taxes, and so on.

En ocasiones no se entiende la integralidad del negocio y se busca reportar ratios financieros por simple ejecución, sin embargo, debemos preguntarnos cuales son los ratios que más hablan del negocio que estamos analizando y como los factores internos y externos pueden impactar tanto positivamente como negativamente; cómo recomendación es fundamental conocer la esencia del negocio, quienes son mis verdaderos clientes y como satisfacemos sus necesidades

Choosing the right Key Performance Indicators (KPIs) is vital for good budgeting and forecasting. KPIs are numbers that show how well your organization is meeting its goals. For financial analysis, useful KPIs include net profit margin, return on investment (ROI), and current ratio. These indicators help you see if your organization is on the right path or if changes are needed. Pick KPIs that match your business goals and review them regularly to ensure they still provide useful insights into your organization’s performance.

Es fundamental saber elegir cuales KPI se estudiarán en todo el ciclo del negocio, porque se puede estar cayendo en el error de elegir KPI que no van acorde al core de la industria en la cual nos desempe?amos

Trend analysis is key for predicting your financial future. By studying past data, you can spot patterns that will likely continue, helping you forecast revenue, track expenses, and predict cash flow. Look at how sales, costs, and profit margins have changed over time. Understanding these trends helps you make accurate predictions and set realistic budgets that reflect what you expect to happen.

Cuando el negocio marcha muy bien hemos creído encontrar la fórmula perfecta que solucionan los intereses de nuestros clientes, sin embargo, se debe tener apertura al cambio y entender que el consumidor lo que quería ayer puede que ya no lo quiera hoy y está en nosotros el retarnos, dejar de lado lo que ayer funcionaba oara encontrar nuevos caminos al exito

Variance analysis helps you see why your actual financial results differ from your budget. If revenue is lower than expected, it might be due to fewer sales or lower prices. If expenses are higher, it could be due to rising costs or inefficiencies. By regularly analyzing these differences, you can quickly adjust your budget and strategies to stay on track. This process ensures you understand the reasons behind financial discrepancies and can respond effectively.

é imprescindível analisar os desvios entre or?ado e realizado, bem como suas causas e consequências. Só identidade os fatores que est?o gerando a vacancia faz-se necessário para definir estratégia de minimizar os agentes causadores para que a vacancia seja reduzida ou até mesmo zerada.

Budgeting and Forecasting process relies on assumptions and variables. Changes to assumptions leads to changes in the planned result. As assumption can change at any time it is a better approach to create multiple plan based on different assumption which is scenario planning. This should range from worst to best outcomes which we can get to call out as opportunities and risk when we have concluded on the scenario that best fits our strategy. Scenario planning offers options to financial plan and provides decision making making option

ótimo artigo! Como Analista posso atestar a importancia de dominar esses fundamentos para uma análise financeira eficaz. A compreens?o dos conceitos básicos e a identifica??o de KPIs s?o essenciais para o sucesso. Utilizo o PowerBI para análises e para manter nossas opera??es alinhadas com o or?amento. Além disso, o planejamento de cenários tem sido crucial na previs?o de custos. Aproveitar a tecnologia realmente faz a diferen?a na precis?o e eficiência da análise financeira. Estou animada para ver mais contribui??es da comunidade!

El buen uso de la tecnología en las empresas brinda la posibilidad de gestionar grandes cantidades de datos e indicadores objetivos los cuales ayudan a tomar mejores decisiones.