Simple Variance Analysis - Variance to Budget & Variance to Prior Year

CorporateFinanceAcademy.com
Variance Analysis is an extremely useful finance and accounting tool. In this video learn how to do variance analysis. How to do variance to plan / budget, how to do variance to prior year with a real Excel example. Then we go through how you can do better variance analysis looking at both dollar variance and percent variance, how to look at variances relative to other accounts, variance on a units basis, and how to take your numbers and tell a story!
0:00​​ Overview of Variance Analysis
1:10 Variance to Prior Year
3:52​​ Variance to Plan - Variance to Budget
6:07 Keys to Variance Analysis
8:39 Limitations of Variance Analysis
8:58 How to tell a story with your data

[@liliancorley5207]

Hello thanks for the lesson, I am in property management, can you teach a variance report for property management? Thanks I have subscribed to your channel