B/(W) - Revision history

imported>Doug Williamson: Add link.

2019-08-22T13:37:48Z

Add link.

← Older revision		Revision as of 13:37, 22 August 2019
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	== See also ==		== See also ==
	*[[Adverse]]		*[[Adverse]]
			*[[Favourable]]
	*[[Inflow/(outflow)]]		*[[Inflow/(outflow)]]
	*[[Mostly positive]]		*[[Mostly positive]]

imported>Doug Williamson at 13:22, 21 August 2018

2018-08-21T13:22:30Z

← Older revision		Revision as of 13:22, 21 August 2018
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	*[[Variance analysis]]		*[[Variance analysis]]
	*[[YTD]]		*[[YTD]]

			[[Category:Risk_reporting]]

imported>Doug Williamson: Update links.

2018-08-21T13:18:19Z

Update links.

← Older revision		Revision as of 13:18, 21 August 2018
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	''Variance analysis''		''Variance analysis - sign conventions''.

	Better/(Worse).		Better/(Worse).
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	== See also ==		== See also ==
	*[[Variance]]
	*[[Adverse]]		*[[Adverse]]
	*[[YTD]]
	*[[Inflow/(outflow)]]		*[[Inflow/(outflow)]]
	*[[Mostly positive]]		*[[Mostly positive]]
			*[[Sign convention]]
			*[[Variance]]
	*[[Variance analysis]]		*[[Variance analysis]]
			*[[YTD]]

imported>Doug Williamson: Add examples.

2017-05-12T19:39:26Z

Add examples.

← Older revision		Revision as of 19:39, 12 May 2017
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	~~Better / (Worse).~~		''Variance analysis''

	A label and sign convention in financial reporting to indicate whether positive differences are good news - also known as 'favourable', in other words indicating that the number being compared is 'better' than the one it's being compared with.		Better/(Worse).

			A label and sign convention in financial reporting.

	~~When the label~~ is ~~B/(W)~~ the ~~positive numbers are better than budget~~, ~~prior period or other comparative number~~.		It is designed to aid the interpretation of differences or changes, by specifying a consistent convention.

	~~Under this convention, negative numbers are unfavourable, also known as 'adverse'.~~

			Under the B/(W) convention, good news is denoted by a POSITIVE number.

	~~On the other hand, when the label~~ is ~~(B)/W the opposite applies - negative numbers would be better and~~ favourable.		Good news is also known as a 'favourable variance'.

	Under the (B)/W ~~sign~~ convention positive numbers are worse and ~~adverse~~.		For example, a cost saving or an income improvement.

			A common example is a better actual result, compared with an earlier forecast.



			Under the B/(W) convention NEGATIVE numbers are bad news, 'worse'.

			Bad news is also known as an 'adverse' variance.


			=====(B)/W convention=====

			Sometimes the opposite convention is used.

			This is the (B)/W convention.

			Under the (B)/W convention - positive numbers are worse, i.e. adverse.

			Under the (B)/W convention NEGATIVE (bracketed) numbers are better and favourable.

imported>Doug Williamson: Layout.

2016-12-18T10:37:03Z

Layout.

← Older revision		Revision as of 10:37, 18 December 2016
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	A label and sign convention in financial reporting to indicate whether positive differences are good news - also known as 'favourable', in other words indicating that the number being compared is 'better' than the one it's being compared with.		A label and sign convention in financial reporting to indicate whether positive differences are good news - also known as 'favourable', in other words indicating that the number being compared is 'better' than the one it's being compared with.


	When the label is B/(W) the positive numbers are better than budget, prior period or other comparative number.		When the label is B/(W) the positive numbers are better than budget, prior period or other comparative number.

imported>Doug Williamson: Add link.

2016-12-18T09:07:41Z

Add link.

← Older revision		Revision as of 09:07, 18 December 2016
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	*[[Inflow/(outflow)]]		*[[Inflow/(outflow)]]
	*[[Mostly positive]]		*[[Mostly positive]]
			*[[Variance analysis]]

imported>Doug Williamson: Link with inflow/(outflow) page.

2015-11-15T17:08:49Z

Link with inflow/(outflow) page.

← Older revision		Revision as of 17:08, 15 November 2015
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	*[[Adverse]]		*[[Adverse]]
	*[[YTD]]		*[[YTD]]
			*[[Inflow/(outflow)]]
	*[[Mostly positive]]		*[[Mostly positive]]

imported>Doug Williamson: Distinguish the alternative convention.

2015-11-15T17:05:27Z

Distinguish the alternative convention.

← Older revision		Revision as of 17:05, 15 November 2015
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	~~When~~ the label is (B)/W the opposite applies - negative numbers would be better and favourable.		On the other hand, when the label is (B)/W the opposite applies - negative numbers would be better and favourable.

	Under the (B)/W sign convention positive numbers are worse and adverse.		Under the (B)/W sign convention positive numbers are worse and adverse.

imported>Doug Williamson: Expand the page.

2015-11-15T17:02:25Z

Expand the page.

← Older revision		Revision as of 17:02, 15 November 2015
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	Better / (Worse).		Better / (Worse).

	A label in financial reporting to indicate whether positive differences are good news - also known as 'favourable', ~~or more simply~~ better.		A label and sign convention in financial reporting to indicate whether positive differences are good news - also known as 'favourable', in other words indicating that the number being compared is 'better' than the one it's being compared with.

	When the label is B/(W) the positive numbers are better than budget or prior period.		When the label is B/(W) the positive numbers are better than budget, prior period or other comparative number.

	Under this convention, negative numbers are unfavourable, also known as 'adverse'.		Under this convention, negative numbers are unfavourable, also known as 'adverse'.
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	When the label is (B)/W the opposite applies - negative numbers would be better and favourable.		When the label is (B)/W the opposite applies - negative numbers would be better and favourable.

	Under (B)/W positive numbers are worse and adverse.		Under the (B)/W sign convention positive numbers are worse and adverse.

imported>Doug Williamson: Link with Mostly positive page.

2015-11-15T15:58:16Z

Link with Mostly positive page.

← Older revision		Revision as of 15:58, 15 November 2015
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	*[[Adverse]]		*[[Adverse]]
	*[[YTD]]		*[[YTD]]
			*[[Mostly positive]]