Remove Accounting Standards Remove Compliance Remove Risk Analysis
article thumbnail

What is Quality of Earnings?

CFO Share

Audited financial statements focus on compliance with GAAP accounting standards, whereas Quality of Earnings reports focus on the company’s earnings history and potential. Sales concentrations and/or backlog risk. Analysis of inventory reserves and allowances. Unusual or nonrecurring items of income or expense.

article thumbnail

What is Financial Planning and Analysis (FP&A)?

Spreadym

These models help assess the potential outcomes of various financial decisions and aid in strategic planning, risk analysis, and sensitivity analysis. Compliance and Regulation: Financial Planning and Analysis ensures compliance with financial regulations, accounting standards, and reporting requirements.