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Flux analysis

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(Querist)
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.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
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%
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Anil

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

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

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Anil (Querist)
27 June 2008 Thanks
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