Flux analysis

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Anil (Querist)
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27 June 2008 Recentlly I came accross an job vacancy advertisment for the post of Accounts Manager which wanted the candidate to do "flux analysis" along with taking up other responsibilities .

Please let me know what is Flux analysis.

Thanks.

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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27 June 2008 A flux analysis is also known as an analytical review which is comparing one period to the next, or to budget or to another company.

For example:

Accounts Receivable as of 2006 Rs 100,000
Accounts Receivable as of 2007 Rs 250,000

change 150,000
% increase 150%

Anil

Anil (Querist)
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27 June 2008 Very clear. Thank you sir.Please let me know whether the term "FlUX" is an acronym?

Amit Bajaj

Amit Bajaj (Expert)
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27 June 2008 In accounting parlance flux means "Change"

Anil

Anil (Querist)
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27 June 2008 Thanks

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