LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Expenses ananlysis

NEHA (FINANCIAL ANALYST) (103 Points)

12 February 2015

I have a query regarding expense analysis.

I have been given a sheet which contains details of all the monthly expenses of more than 50 employees & General expenses regarding marketing operations. I have to come up withthe fluctuations & trends in their expenses & their respective contribution towards the revenue. I am not getting how to proceed...

Reply
Follow
Share

1 Replies

Vikash Maheshwari (learner) (6358 Points)
Replied 12 February 2015

It's quite difficult to answer wrt ur query without further details.But to start with..u can first of all categorize cost...fixed...variable...normal ...abnormal...avoidable...unavoidable..and others(can't recall all). The biggest Employee cost would be their salary..fixed component and variable(commission,bonus,overtime,etc)...other category might be conveyance or travelling cost as marketing involves a lot of travelling. Furthermore not all 50 employees would be of same ranking or position...and also they can be classified according to gender..it'll give u more analysis to do...for instance by computing avg revenue generated per woman is more than that of a man... There r many more things that can be done...but it depends on the requirement and what exactly ur management wants to analyze...hope this guidance helps...