Would Your FP&A Forecast Survive an Audit? | Norm Osumi
A forecast can be useful for running a business and still lack the evidence needed to defend it.
What happens when accounting and FP&A report different revenue numbers for the same month, and the disagreement comes down to how a contract is interpreted? In this episode of FP&A Today, Sarah Schlott welcomes Norm Osumi to explore the judgment calls that sit between financial reporting, business performance and forward-looking forecasts.
Through a SaaS revenue-recognition example, Norm examines why bookings, billings and recognized revenue are not interchangeable, and how implementation fees and…
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