FP&A in the Services Industry with Dhawal Parvatikar

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Key Takeaways
"I think the number one thing that I have always emphasized in all my conversations, be it with my staff or be it with other fellow finance professionals or even the other interviews that I've done before, is building strong cross-functional relationships. It is very important for professionals to understand the pulse of the business and keep a check on it. Even today as a CFO, I spend at least two to three hours spending time with business folks".
"FP&A in service companies can be equally challenging and in no way it can be taken lightly. The most critical element is it being a people-based business. CFOs need to be sensitive to both qualitative and quantitative metrics."
"I would like to just say one thing that when I was doing my CA, I was super biased towards manufacturing companies. Whenever my principal sent me for an audit of a software company or a service company, I used to hate it. But now that I've been associated with service companies for the last eight years and I can definitely say that it's equally challenging. So if one has any kind of bias towards service companies being easy to manage, then get rid of all that kind of misconception."
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[@asifmasani]

Link to order my book "All About FP&A" (India): hi.switchy.io/AmVS

[@syedghouse100]

What a wonderful initiative, and great talk.
I wish this should reach to as many finance aspirants.

[@manjunathanaik4828]

Thank you so much both you 🌹🌹🌹

[@casanjithkotni725]

Very insightful

[@SaddamHusain-kq6nf]

How to become expert

[@ananditasharma1]

We need fp&a in Manufacturing/Fmcg indistry as well

[@Shubhamgontiya]

Would like to understand the Finance Transformation role in FP&A as well. Thanks in advance

[@sarwarshaikh301]

Sir please tell me which certification needs to do to get a good job in FP&A . I am working as Sr accounts executive.. having 8 years of good experience in accounting

[@carajendrautpat6919]

Hi Asif
Is your book came out for sale

[@AjayLuharGaming]

26:04

[@Shubhammishra-sw8si]

Thanks Dhawal, it was a great session!! Please suggest which IFRS standards should be handy for service sector FP&A roles?

[@shubhangiawasthi2946]

Revenue Recognition is must for FP&A

[@sourav047]

IFRS 115

[@asifmasani]

Link to the 13 week FP&A Masterclass: hi.switchy.io/9wbP