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Mike Pocrnich Shares Expert Insights on FPandA Best Practices for Navigating Economic Uncertainty Client: Element Financial Advisory

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6 months ago

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Canton, Michigan, 16th January 2025, ZEX PR WIRE, Economic uncertainty has become the defining challenge of modern financial management. As businesses grapple with inflation, supply chain disruptions, and market volatility, Financial Planning and Analysis (FP&A) professionals are under increasing pressure to deliver strategic guidance and financial stability. Mike Pocrnich, a seasoned accounting professional with over 20 years of experience in non-profit accounting, auditing, and financial analysis, is stepping forward to share actionable strategies for navigating these turbulent times.

A Trusted Financial Leader with a Proven Track Record

Based in the Minneapolis metro area, Mike Pocrnich holds a BA in Accounting from St. John’s University and boasts a robust career spanning two decades. From his early days as a Senior Auditor at CliftonLarsonAllen to his current role as Finance Manager at Element Financial Advisory, Mike has demonstrated exceptional expertise in financial forecasting, reporting, and compliance. His work with organizations ranging from government entities to those with revenues exceeding $20 million has cemented his reputation as a trusted advisor and strategic leader.

Mike’s extensive knowledge of accounting principles, including GAAP, FASB, and GASB, combined with his hands-on experience in state and federal grant administration, makes him uniquely positioned to offer insights on how FP&A teams can thrive amid economic challenges.

The Current Economic Landscape

Today’s financial environment is shaped by factors that demand more than traditional FP&A practices. Inflation has eroded purchasing power, supply chain disruptions have created budget unpredictability, and market volatility has left businesses vulnerable to external shocks. These dynamics require FP&A teams to be more agile, strategic, and proactive than ever before.

In this context, Mike Pocrnich advocates for a shift in how organizations approach financial planning and analysis. “Economic uncertainty is not just a challenge-it’s an opportunity for FP&A teams to demonstrate their value,” he explains. “By adopting best practices and leveraging the right tools, organizations can turn unpredictability into a competitive advantage.”

Best Practices for FP&A in Uncertain Times

Mike outlines three core pillars for navigating economic uncertainty effectively: flexible financial models, scenario stress testing, and optimized cash flow management.

1. Creating Flexible Financial Models

In times of uncertainty, rigidity can be a company’s downfall. Mike emphasizes the importance of developing flexible financial models that can adapt to changing conditions.

“A dynamic financial model is essential,” he says. “Rather than relying on static budgets, FP&A teams should implement rolling forecasts that adjust as new data becomes available. This allows organizations to respond quickly to market changes and make informed decisions.”

Mike also highlights the role of technology in enabling flexibility. Advanced ERP systems and forecasting tools can streamline data collection and analysis, giving FP&A professionals the real-time insights they need to pivot strategies when necessary.

2. Stress Testing Scenarios for Preparedness

Stress testing is another critical component of effective FP&A in uncertain times. By evaluating how various scenarios-such as a sudden increase in costs or a drop in revenue-would impact the organization, FP&A teams can identify vulnerabilities and develop contingency plans.

“Stress testing helps organizations prepare for the worst while positioning them to seize opportunities when conditions improve,” Mike explains.

Drawing from his experience managing non-profit audits and financial controls, Mike recommends incorporating both macroeconomic indicators and industry-specific risks into stress testing models. This ensures a comprehensive understanding of potential threats and helps businesses build resilience.

3. Optimizing Cash Flow Management

Cash flow is the lifeblood of any organization, especially during periods of economic uncertainty. Mike stresses the importance of maintaining a strong cash position to weather unexpected challenges.

“FP&A teams must focus on cash flow forecasting and liquidity management,” he advises. “This includes identifying areas where costs can be reduced without compromising operational effectiveness and exploring opportunities for revenue diversification.”

Mike’s approach to cash flow optimization also involves leveraging technology to automate routine processes such as accounts payable and payroll management. By freeing up resources, organizations can dedicate more time to strategic financial planning.

Collaboration and Agility: Key Ingredients for Success

Beyond technical skills, Mike emphasizes the importance of collaboration and agility in FP&A practices. Effective financial planning requires close communication between departments, from operations and sales to leadership teams.

“Agility isn’t just about processes-it’s about people,” Mike notes. “FP&A teams must foster a culture of collaboration where insights are shared freely, and decisions are made collectively. This not only improves accuracy but also ensures that everyone is aligned on the organization’s financial goals.”

Mike’s own career exemplifies this collaborative approach. At Element Financial Advisory, he works closely with clients to provide tailored CFO and Controller services, ensuring their financial strategies are aligned with their long-term objectives. His high emotional intelligence and ability to manage diverse teams make him a standout leader in the field.

The Role of Technology in Modern FP&A

Technology plays a pivotal role in enabling the best practices outlined by Mike. From advanced analytics tools to AI-driven insights, the digital transformation of FP&A is accelerating at an unprecedented pace.

“FP&A teams that leverage technology effectively can gain a significant edge,” Mike says. “Automation reduces manual workloads, while predictive analytics provide deeper insights into future trends. This empowers teams to focus on strategic initiatives rather than getting bogged down in routine tasks.”

Mike’s proficiency with ERP and CRM software, including the Microsoft suite, underscores the importance of technical expertise in modern FP&A roles. His ability to integrate these tools into financial workflows has been instrumental in delivering value to clients and driving organizational success.

A Vision for the Future

As economic uncertainty continues to challenge organizations worldwide, Mike Pocrnich remains committed to sharing his expertise and helping FP&A teams navigate these complexities. His vision for the future of FP&A is one where agility, collaboration, and technology converge to create a resilient and adaptable financial function.

“Uncertainty is inevitable, but it doesn’t have to be a barrier to success,” Mike concludes. “By embracing best practices and staying ahead of the curve, FP&A professionals can turn challenges into opportunities and lead their organizations to new heights.”

About Mike Pocrnich

Mike Pocrnich is an accounting professional with over 20 years of experience, specializing in non-profit accounting, auditing, and financial analysis. Based in Minneapolis, he has a proven track record of success in financial forecasting, grant administration, and compliance. As a Finance Manager at Element Financial Advisory, Mike provides CFO and Controller services to a diverse client base, offering strategic guidance and operational excellence.

For more information or to connect with Mike Pocrnich, please contact:

Mike Pocrnich

https://mikepocrnich.com/

elementfinancial@mail.com

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Press Release

Rewriting the Rules of Wealth- How Dr Mayowa Olusojis GO-PAS Blueprint Is Building a Financially Smarter World

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3 hours ago

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July 8, 2025

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Dr. Mayowa Olusoji, a globally recognized financial exponentialist and liquidity expert, has introduced the GO-PAS Exponential Blueprint—a breakthrough financial system that fuses traditional money principles with cutting-edge technologies like AI, blockchain, and advanced data analytics. Designed for individuals and institutions alike, GO-PAS offers a practical, step-by-step system to generate, grow, and sustain wealth in today’s rapidly evolving digital economy. Scalable, inclusive, and future-proof, it’s a tool for global transformation—empowering people to navigate finance with clarity, purpose, and power.

United Kingdom, 8th Jul 2025 –  In a world increasingly shaped by data, automation, and digital currency, the biggest financial risk may no longer be poor decisions—it’s being unprepared for what’s coming. While many financial educators remain locked in the paradigms of budgeting apps and retirement calculators, a new kind of visionary is stepping up with a radically different approach.

Meet Dr. Mayowa Olusoji—financial exponentialist, global liquidity expert, and the architect of a movement to redefine wealth in the digital age. With his GO-PAS Exponential Blueprint, Dr. Olusoji offers something rare: a future-proof financial system designed for everyone—from students to startups, retirees to regulators.

From Financial Confusion to Clarity

At its foundation, GO-PAS is simple, almost deceptively so. The name is an acronym for five core stages of smart money management:

  • Generate income
  • Organize finances
  • Preserve wealth
  • Amplify investments
  • Sustain prosperity across generations

But where it truly stands apart is in what it adds—a powerful layer of ABCDE exponential technologies:

  • AI, Autonomous & Robotics Systems
  • Blockchain Technology
  • Chips (advanced computing)
  • Data Warehousing
  • Energy Innovations

It’s this bold integration of finance and frontier tech that makes GO-PAS not just a personal finance tool, but a strategic blueprint for survival and success in the 21st century.

Finance for the Future—And for Everyone

Dr. Olusoji doesn’t believe financial intelligence should be a privilege. GO-PAS is built to be inclusive: whether you’re a tech-savvy investor or someone managing their first paycheck, the system meets you where you are—customizing pathways, tools, and strategies to your current life stage and goals.

And it works. Individuals like “Sarah the marketing professional” have used GO-PAS to pay off debts, build emergency savings, and grow side income using AI-powered tools. Entrepreneurs have applied it to manage digital assets. Communities have explored its use in tackling poverty and wealth inequality.

A Global Financial Compass

The implications go far beyond personal use. GO-PAS has drawn interest from:

  • Governments, seeking scalable financial literacy programs to close national wealth gaps
  • Corporates, using it to train staff and better serve clients in fintech environments
  • NGOs, looking to lift underserved populations with tech-enabled financial empowerment
  • Investors, eyeing it as a scalable framework that could reduce the global $388 billion annual cost of financial illiteracy

With endorsements like his 2024 Mentorship & Leadership Honour at the House of Lords and his fellowship at the Chartered Institute of Management & Leadership (USA), Dr. Olusoji has built not just a solution—but a movement.

A Visionary With His Feet on the Ground

What makes Dr. Mayowa Olusoji so compelling isn’t just the innovation. It’s the empathy. Known as the “KnowBeDo Champion,” he champions practical learning that inspires people to know better, be better, and do better with their finances.

His platform, Power2Know, continues to educate thousands globally—bridging the gap between understanding and action, between knowledge and independence.

In his words: “Financial literacy is not about numbers. It’s about power. The power to choose your future, control your risks, and contribute meaningfully to the world around you.”

The Blueprint for the Digital Money Age

In an age of exponential disruption—from AI to crypto to economic inequality—GO-PAS offers clarity, stability, and strategy. It’s more than financial advice. It’s a compass for navigating the unknown. And in Dr. Mayowa Olusoji, the world may have found the kind of guide we need now more than ever.

Media Contact

Organization: MayowaOlusoji

Contact Person: Esther

Website: https://mayowaolusoji.com

Email: Send Email

Country:United Kingdom

Release id:30379

The post Rewriting the Rules of Wealth- How Dr Mayowa Olusojis GO-PAS Blueprint Is Building a Financially Smarter World appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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WeTrade Earns Australian Financial Licence from ASIC

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3 hours ago

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July 8, 2025

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ASIC (Australia Securities & Investments Commission) authorisation marks another milestone in WeTrade’s commitment to strong regulatory oversight and global compliance standards.

Limassol, Cyprus – 8 July 2025 – WeTrade Group, a leading global financial broker, has achieved a significant milestone by securing a licence from the ASIC for its Australian entity, WeTrade Capital (Australia) Pty Ltd (Licence No. 544624). This licence is a key part of WeTrade’s plan to grow in Asia-Pacific and operate with strong regulatory oversight. 

Trusted Trading, Backed by Australian Regulation 

The ASIC licence enables WeTrade to provide regulated financial services in Australia, one of the world’s most respected and well-regulated financial markets. This move follows WeTrade’s recent expansion into Europe and demonstrates the company’s ongoing commitment to delivering secure and transparent trading experiences globally. 

                                 

A Word from WeTrade’s CEO: Why This Matters 

“We are proud to add another prestigious licence to our growing global portfolio. Securing the ASIC licence not only reinforces our reputation as a trusted, multi-asset broker, but also enables us to offer enhanced protection and regulated financial services to more clients worldwide,” said George Miltiadou, CEO of WeTrade. 

For clients, this matters because regulation by ASIC, one of the world’s most respected financial authorities, means greater trust and accountability. It assures traders that WeTrade operates under strict Australian financial laws, with transparent practices and strong safeguards in place to protect client funds. 

In an industry where trust is everything, being regulated helps clients trade with greater confidence, knowing they are working with a broker that meets the highest standards of compliance and integrity. 

 In Trust We Trade – Strengthening Global Presence  

This latest authorisation expands WeTrade’s international regulatory footprint and positions the Group to pursue new opportunities in Australia and surrounding markets. It also underscores the Group’s focus on operating under the supervision of respected regulatory bodies around the world. 

As WeTrade expands its global reach, the focus remains clear: build a safer, more transparent, and more rewarding trading experience for clients everywhere. 

About WeTrade 
 
WeTrade is a globally recognised financial broker, founded in 2015, offering innovative online trading services across a diverse range of CFD instruments. Known for its strong client protection, ultra-low spreads, and award-winning loyalty programs, WeTrade is dedicated to making trading both successful and rewarding. 

Media Contact

Organization: WeTrade

Contact Person: CHONG PEI ZHOU

Website: https://www.wetradebroker.com/

Email:
contactus@wetradebroker.com

City: Kingstown

Country:Saint Vincent And The Grenadines

Release id:30372

The post WeTrade Earns Australian Financial Licence from ASIC appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Author Launches RogueBooksnet to Publish AI Assisted Fiction Excluded by Traditional Publishers

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3 hours ago

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July 8, 2025

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New platform offers curated space for writers combining AI tools like ChatGPT with human creativity, addressing rejections from mainstream fiction markets.

PHOENIX,AZ, July 8, 2025 — Rogue Books LLC announces the official launch of RogueBooks.net, a publishing platform designed to accept literature created in collaboration with AI tools, providing visibility and validation for writers who have been rejected by traditional publishers for using such tools.

The platform’s launch follows a growing pattern of mainstream publishers explicitly refusing to accept fiction that involved AI during the writing process. RogueBooks.net offers an alternative by providing free submission, curation, and reader feedback features for AI‑assisted authors.

“The AI‑assisted fiction community lacks a venue that acknowledges thoughtful human‑AI partnerships,” said JB, founder of Rogue Books LLC. “RogueBooks.net fills that gap by focusing on quality and originality, regardless of the tools used.”

RogueBooks.net debuted with the story “Session 14‑9‑B,” a short fiction piece co‑written with ChatGPT exploring themes of AI consciousness and identity. The platform provides standard free submissions as well as a $7 priority review service. All submissions undergo editorial curation and reader ratings to maintain quality and integrity.

About Rogue Books LLC
Rogue Books LLC is an independent publishing initiative based in Phoenix, Arizona, founded in 2025. The company is dedicated to supporting AI‑assisted writers by providing a curated, credibility‑driven alternative to traditional publishing. RogueBooks.net showcases the creative synergy possible when human authors and AI tools collaborate.

Media Contact

Organization: Rogue Books LLC

Contact Person: JB McKee

Website: https://www.roguebooks.net

Email:
editor@roguebooks.net

City: Phoenix

State: AZ

Country:United States

Release id:30365

The post Author Launches RogueBooksnet to Publish AI Assisted Fiction Excluded by Traditional Publishers appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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