mongo

My wife is a financial analyst for a multi-billion dollar company. Her group makes a forecast at the beginning of the year and spends the rest of the year updating it to reflect what is real. I have often told her that her MBA should have come with a crystal ball. Not surprisingly, the beginning projection has little relation to the final Financial Statement.

If you want to know how the money is spent, you have to look at the Financial Statement. If you want an educated guess, that contains projections and assumptions of what might be, I suppose you would desire a budget.

Personally, I would prefer to have several years of statements that show a pattern of what has been, rather than what might be. That is what audited Financial Statements are for. It is the same reason I think the insurance policy should be posted. I tend to prefer fact rather than speculation. At the same time, I would suspect that if you were to go to Muncie and ask to see the most current projection, it would be shown to you. If you prefer the guesses, fire away, the forum is yours. Yours guesses are probably as good as anyone else's. Maybe you have a better crystal ball.

JR