Calculation of the budgeted profit for a business is a prediction of financial performance. At the start of each fiscal period, the business owner prepares a budget based on projected revenue and the ...

Companies regularly analyze sales variances to explain revenue performance over a monthly, quarterly or yearly accounting cycle. The resulting sales variance explanations help firms isolate problems ...

TULSA, Okla. — An audit of the City of Tulsa's Fiscal Year 2025 Budget General Fund shows the City's budgeted expenses were $15.2 million over revenue. The Office of the City Auditor (OCA) said the ...