Difference between revisions of "Variance analysis"

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1.
 
1.
  
The process of analysing and explaining differences between reported figures and forecast or budgeted figures.
+
The process of analysing and explaining differences between actual figures and forecast or budgeted figures.
  
  
 
2.
 
2.
  
More broadly, the analysis of differences between two sets of related figures.  
+
More broadly, the analysis of differences between any two or more sets of related figures.  
  
 
Also known as 'comparative analysis'.
 
Also known as 'comparative analysis'.

Revision as of 21:03, 18 December 2016

1.

The process of analysing and explaining differences between actual figures and forecast or budgeted figures.


2.

More broadly, the analysis of differences between any two or more sets of related figures.

Also known as 'comparative analysis'.


See also