Presenting budget vs. actual numbers in a timely manner. -

Common job issues and solutions in Finance & Economics

Presenting budget vs. actual numbers in a timely manner.

Create and provide standardized reports and give periodic updates. With a standardized report you can spend your time focused on the analysis.

How comfortable are you at preparing your company’s financial forecast?

As long as it is only based on historical data, I feel comfortable presenting the information.
I have confidence in the cost variations provided to me, however the sales forecasts are too unreliable to use.
I build a conservative historical forecast and make notations of upside/downside potential in a separate view.
I am confident in the numbers provided to me, make notations regarding assumptions and present the data as it comes out.