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What is Quality of Earnings?

CFO Share

QOE reports go beyond the balance sheet and profit and loss statement – they challenge the underlying data through rigorous testing and management interviews to assess accuracy, and risk. What is the difference between a quality of earnings report and an audit? Sales concentrations and/or backlog risk.

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How to create & use pro forma statements

Cube Software

By plugging the specific transaction into the balance sheet, treasurers can see how it would affect the rest of the company and determine whether the benefits outweigh the potential risks/drawbacks. Communicate the results to stakeholders, who must then perform pro forma analysis and take action.

GAAP 40