Flux analysis


This query is : Resolved 

(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.

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


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

Anil (Querist)
27 June 2008 Thanks


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