KM-1 Misleading Metrics
Evaluate whether company-defined metrics fairly represent performance.
Checks
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Audit GAAP-to-non-GAAP reconciliations for recurring exclusions.
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Test EBITDA/adjusted metrics vs cash-flow reality.
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Detect KPI definition drift across periods.
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Cross-check compensation metrics against promoted non-GAAP metrics.
Output
Return JSON with shenanigan , risk_level , flags , supporting_evidence , adjustments_table , and recommended_follow_up .