06Forecasting Future Fees
If you have followed the advice set out so far in this book, your practice will be set on a solid financial foundation and you will know where you are and how you got there. Now we are ready to move on to the uncertain world of forecasting the future.
I have always promoted the idea that accounting is much more of an art than a science – indeed the picture of the past that it paints is much more in the style of the Impressionists than the Realists.
Financial statements have a comforting and seductive air of accuracy and authority. Yet those of us who have been involved in their production know that there has been considerable scope for judgement and interpretation in putting the numbers together. This means that the ...
Get Financial Management now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
