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How much does a male senior CSA make in hcol?
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Any talks yet on the A&M bonuses?
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Use the job-to-date project margin and recalculate what revenue would have been throughout the whole period (cost / 1-JTD margin). It looks at what the revenue turned would’ve been with perfect hindsight.
Agreed
We specifically did a lookback analysis on AR, where we see how much cash was actually collected in the CY on PY dates of service, and then compare the original estimates the client had for reserves. Make adjustments accordingly.
You’re a manager in M&A and don’t know? God is testing me today.
Makes a ton more sense. Welcome and good luck!
I found this on google for you. “During a look-back analysis, auditors review prior-period evidence to understand estimation inaccuracies and assess the reliability of management’s estimation process.” Hope that helps.
Yes it was in the context of WIP for projects.
Coach
Google profit fades/gains. Consider how this could be assessed. Probably will arrive in agreement with purpose of look back analysis. Then, perform said analysis. Consider indicators of management’s ability/inability to properly estimate their costs. Consider the implications on the recognition of WIP revenue, since this is likely driven by cost. Consider implications to risk and audit plan. Etc.
In what context? Healthcare, construction, insurance, etc.?
It is for construction