Backward variances
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This posting is taken from an earlier response to the same question by Susan Harper, Examinations Manager at the AAT.<BR><BR>'Backward variances' is not a technical accounting term. It means simply the process of working backwards from a given variance to an unknown budget or actual figure, rather than, as normal, calculating an unknown variance from given budget and actual figures. This is sometimes used as a teaching method so some of you will have done it, but not under this name.<BR><BR>I hope this helps you.<BR><BR>Regards<BR><BR>Malcolm St Pierre
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Re:Backward variances
PLEASE GIVE SOME EXAMPLE OF BACKWARD VARIANCES
TO UNDERSTAND CLEARLY
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Re:Backward variances
One link
http://forums.aat.org.uk/forums/posts/list/6463.page
And this shows my response to a similar request a couple of years ago
http://forums.aat.org.uk/forums/posts/list/6222.page
I don't know why there are funny accents etc, so if it isn't easy to follow email me and I'll copy and paste my response into a word doc, or similar and send it as an attachment.
Here's another link
http://forums.aat.org.uk/forums/posts/list/0/11548.page#85017
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Re:Backward variances
Thanks I took the print out your email, and try to understand at home.
If I did not understand I will come back to you.
Thanks :P0