When Is a ‘Projection’ a Forecast?

Business Valuation UpdateVol. 18 No. 2
February 2012
Rod Burkert, CPA/ABV, CVA


Do you know the difference between a “forecast” and a “projection?” We appraisers love our terms of art. To a layperson, different definitions for what appear to be very similar terms may seem to be a matter of semantics (nuances, really). For example, w ...