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KPMG Webinar: Economic scenario modelling to guide the business in difficult times

Guiding the business in difficult times using economic scenario modelling

Economic scenario modelling

Global network

The economic uncertainty caused by COVID-19 is challenging financial executives globally as they seek to maintain updated projections for management, investors and creditors. Countless hours of hard work are helping many organizations keep up with these requirements. To reduce the strain on organizations during this time, there is the opportunity to elevate planning models by using modern rapid scenario modelling tools that help improve decision making.

Originally aired on May 28, 2020

Financial leaders have indicated that business planning and forecasting, as well as maintaining cash flow are currently their top concerns. Given today's unpredictability over our economic recovery, the finance function is facing increased pressure to provide more flexible and intuitive financial analysis to address that uncertainty. Delivering on these insights accurately, on a timely basis, and now, virtually, is presenting numerous challenges for many organizations, especially as most are using a hybrid of worksheets and bottom-up planning models as their corporate performance management tools.

In this webinar, subject matter specialists from KPMG in Canada in collaboration with other organizations, discuss opportunities to reduce complexity in existing planning models and how to become more agile and adapt more rapidly to enable your organization's planning and budgeting success.

Discussion topics include:

  • An update on the Canadian economic outlook by CIBC Chief Economist
  • An overview of rapid scenario modelling and forecasting and practical insights on how to get started
  • A discussion with our panel on how their organizations are addressing the constant need to forecast
  • Practical insights to get your organization started

Event speakers

  • Avery Shenfeld, CIBC Chief Economist
  • Jennifer Bagnall, Director Planning and Reporting at ATCO
  • Alexandria Lee, Senior Director, Financial Planning & Analysis at FibroGen Inc.

Replay the webinar here and feel free to share this link with your colleagues.

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