Budget Variance Analysis Skill

Produces a complete variance analysis from numbers through to root cause explanation and management commentary.

Required Inputs

• Actuals and budget figures (paste as table or describe line by line)
• Period (month / quarter / YTD)
• Materiality threshold (e.g. £10k or 5%)
• Known reasons for variances (if any)
• Audience (CFO / board / management / auditor)

Output Structure

1. Variance Summary Table