Financial planning and analysis (FP&A) roles involve planning, forecasting, budgeting and analyzing a company’s financials. Most companies have FP&A professionals who help senior management understand what the performance and financial outlook of the company looks like. Creating a forecast and budget can also help identify where there are areas for improvement, and what resources the company may have at its disposal to undertake new projects. Therefore, three-statement financial modeling skills are important and necessary for FP&A professionals to perform their analysis effectively.
