When producing eg cost centre reporting statements - when you currently reverse signage on Cost lines (ie to show them as a positive number), the in-built variance calculation continues to show the variance as (Actual less Budget), thereby resulting in showing eg a lower cost, as a negative variance ie adverse performance which is incorrect in financial accounting terms.
Please could this be corrected for when signage is reversed.
1 Like
Great article on investment analysis! I found your insights on evaluating financial statements and market trends highly informative. Your systematic approach and emphasis on risk assessment truly resonated with me. Looking forward to implementing your strategies in my investment decisions. Keep up the excellent work! for more info you can visit our site or contact us “https://financestime.com/”