“We’ve got the transcripts, so you can see all of that, upload that to AI and it can just forecast what the potential revenue would have been”
WT
Will Tribe
The Opportunity Podcast ·
FP&A Today · Would Your FP&A Forecast Survive an Audit? | Norm Osumi
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Require auditors to see five-year purchase order pipeline to validate revenue forecasts
“We’ve got the transcripts, so you can see all of that, upload that to AI and it can just forecast what the potential revenue would have been”
“Approach your forecast… by product… laid out as clearly as possible with assumptions and then showing that as evidence to an auditor”
“Companies must have internal controls verified by an internal team, external auditors validate them, and an independent board committee receives the reports.”
“I reduced the forecast from $4 million to 200K. And the CEO calls me up, he goes, dude, where's that deal in the pipeline?”
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