“Auditors ask, show me the POs for the next five years that prove that what you put into the forecast is…”

FP&A Today · Would Your FP&A Forecast Survive an Audit? | Norm Osumi

Play from 34:45
34:45

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What was described

Require auditors to see five-year purchase order pipeline to validate revenue forecasts

Said nearby on the same subject

“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 ·
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“Approach your forecast… by product… laid out as clearly as possible with assumptions and then showing that as evidence to an auditor”
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Said on FP&A Today
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“Companies must have internal controls verified by an internal team, external auditors validate them, and an independent board committee receives the reports.”
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Said on All-In with Chamath, Jason, Sacks & Friedberg
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“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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Said on Cyber Go-To-Market Talk: The Cybersecurity Podcast About Cyber Sales, Marketing & Revenue Growth
How they work $4 million to 200K Share this moment

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