--000000000000cb4ada061418c371 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Tim, Appreciate you digging through your financials. If you haven't already, I recommend reviewing findings with Nicolas Lopez to better understand what has been budgeted and how that compares with our US budget practices. I wasn't involved in the budget process to speak to the process however I'm invested to ensure we learn from any opportunities identified to address the current financial year and planning for next. *Chad Everitt* President- East Division & Canada Mobile: 202.262.8318 [image: TheKey] On Wed, Mar 20, 2024 at 10:43=E2=80=AFAM Timothy Thomas wro= te: > Hi Chad, > > Upon reviewing our February P&L statements, I've noticed substantial > fluctuations in margin and costs from month to month. It seems these > variances largely stem from the timing of billing and payroll, complicati= ng > my presentation of the MOR. Additionally, frequent adjustments for accrua= ls > and reversals have led to perceptions of our costs being alternately > overstated or understated. > > Could you share whether such fluctuations are also observed in the US > operations? If not, I would like to continue working with accounting in a= n > attempt to smooth out these fluctuations. > > Moreover, I've identified a significant oversight in our budget for > Caregiver Holiday Wages (Account 500117), which is currently 237% over > budget year-to-date. I wasn't consulted on this account during the budget > preparation phase. > > I appreciate your insights on these matters. > Tim > -- > Tim Thomas > Head of Canada Division > *Please note my email has changed:* > tt@TheKey.com > (514) 591-9387 > TheKey.ca > [image: TheKey] > --000000000000cb4ada061418c371 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Tim, Appreciate you digging through = your financials. If you haven't already, I recommend reviewing findings= with Nicolas Lopez to better understand what has been budgeted and how tha= t compares with=C2=A0our US budget practices. I wasn't involved in the = budget=C2=A0process to speak to the process however I'm invested to ens= ure we learn from any opportunities identified to address the current finan= cial year and planning for next.=C2=A0 Chad Everitt = President- East Division &am= p; Canada Mobile: 202.262.= 8318 = On Wed, Mar 20, 2024 at 10:43=E2=80= =AFAM Timothy Thomas < tt@thekey.com = > wrote: Hi=C2=A0Chad, Upon reviewing our February P= &L statements, I've noticed substantial fluctuations in margin and = costs from month to month. It seems these variances largely stem from the t= iming of billing and payroll, complicating my presentation of the MOR. Addi= tionally, frequent adjustments for accruals and reversals have led to perce= ptions of our costs being alternately overstated or understated. Cou= ld you share whether such fluctuations are also observed in the US operatio=