Flux analysis

In accounting, flux analysis means explaining period-over-period variances.

Layer: Lexicon
Defined in: Lexicon
Components: 1

Not a rule

Bookkeeping convention — not codified. US GAAP governs recognition, measurement and presentation — not the mechanics a bookkeeper uses to get there. Anyone citing a standard for this word is citing the wrong thing.

Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.

The lesson that teaches this

Accounting, 0 to 1 — a free course taught end to end on one month of one company, with the spreadsheet exercises to work it yourself.

13Closing the monthStatements are not the end. The close proves every balance against something outside the ledger, then locks the period so the numbers can't quietly change.13 min

What it is not called

Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.

variance report

Components that render this

The concept is not documentation-only. These are the components that name it in their specification, grouped and stated exactly as the catalog states them.