Category: Materiality
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Beyond the P&L: Why Non-Financial Metrics Are Essential for Financial Planning in the Age of AI
The age of AI is here, and it’s fundamentally reshaping how we approach financial planning & analysis (FP&A). For years we’ve focused on the data that shows up on traditional financial statements – revenue, expenses, cash flows – when pulling together annual budgets and making forecast projections. Often we have built models around the concept…
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What is a Materiality Assessment and Why It’s Crucial for Business
The New Normal Like it or not, the financial landscape is inextricably linked to environmental and social factors and the traditional balance sheet tells only part of the story. For decades, investors and analysts have focused on a company’s financial figures, treating factors like climate risk, labor practices, or brand reputation as “soft” or non-quantifiable.…