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Investigating variances

Investigating variances

Investigating variances, moreover, when to do so is an important part of any business.  A variance is the difference between a budgeted figure and an actual figure. It can happen in almost any area of a business—sales, costs, profit margins, etc. There are five key...

When to investigate variances – managing by exception

When to investigate variances – managing by exception

    When should you investigate variances is a massive part of financial management.  it's also this week's I Hate Numbers podcast episode. If you're thinking, what's a variance, well that's the difference between where you expected to be financially...