Flux analysis
This query is : Resolved
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.
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%
For example:
Accounts Receivable as of 2006 Rs 100,000
Accounts Receivable as of 2007 Rs 250,000
change 150,000
% increase 150%
27 June 2008
Very clear. Thank you sir.Please let me know whether the term "FlUX" is an acronym?
27 June 2008
In accounting parlance flux means "Change"
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