Variancesanalyse

Variancesanalyse, also known as variance analysis, is a management accounting technique used to determine the difference between planned or budgeted costs and actual costs. It is a key component of performance measurement and control. The primary goal of variancesanalyse is to identify and understand why these deviations, or variances, have occurred. By examining these differences, management can pinpoint areas where operations are performing better or worse than expected and take corrective actions.

There are two main types of variances: favorable and unfavorable. A favorable variance occurs when actual costs are lower than budgeted costs or when actual revenues are higher than budgeted revenues. Conversely, an unfavorable variance arises when actual costs exceed budgeted costs or when actual revenues fall short of budgeted revenues. These variances are typically calculated for various cost elements, such as direct materials, direct labor, and overhead.

The process of variancesanalyse involves calculating the variance, investigating its causes, and then acting upon the findings. For example, if a significant unfavorable material variance is identified, management might investigate if there were issues with purchasing prices, material quality leading to waste, or inefficient production processes. The insights gained from variancesanalyse help in making informed decisions, improving future budgeting and forecasting, and enhancing overall operational efficiency. It serves as a vital tool for monitoring financial performance and achieving organizational objectives.