Advanced

Flexible Budget Variance Analysis

Adjusts the budget based on actual volume to isolate price and efficiency variances.

Perform a Flexible Budget Variance Analysis. Original Budget: {budgeted_volume} units at {budgeted_cost} per unit. Actuals: {actual_volume} units at {actual_cost} per unit. Calculate: 1. Sales Volume Variance, 2. Flexible Budget Variance, and 3. Price/Rate Variance. Provide a narrative explaining the impact of volume on fixed costs.

Related Prompts

Management Accounting & FP&A
Intermediate

Driver-based budget model template (revenue, headcount, opex)

Creates a driver-based budgeting framework and templates that link revenue drivers, headcount, and operating expenses. Useful for FP&A teams building a scalable budget process.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2
Management Accounting & FP&A
Intermediate

Rolling forecast update: variance bridge to new forecast

Updates a rolling forecast by bridging from prior forecast to actuals and new assumptions. Produces a clear bridge and narrative for leadership.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2
Management Accounting & FP&A
Beginner

Budget kickoff pack: timeline, owners, templates, instructions

Generates a budget kickoff pack with roles, deadlines, template instructions, and FAQs. Useful for FP&A leaders coordinating cross-functional budgeting.

GPT-5.2 Thinking; GPT-4.1; o3-mini
0
0
2