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After Action ReconciliationCase A Case B Spending What was Expected $X $X What was Achieved $X - $20 $X+$20 Delta $20 $20 Reconciliation Format Good News Story $ $ Good News Story $ $ Ba

Trang 1

Explain Causes of Variances with the Reconciliation

Format

Intermediate Cost Analysis

and Management

Trang 2

Could the Battle of the Bulge Have Been Won if All Battle Maps of Ardennes Forest Looked Like This?

Trang 3

Terminal Learning Objective

handouts, readings, and spreadsheet tools and awareness of Operational

Environment (OE)/Contemporary Operational Environment (COE) variables and actors.

• Describe content of effective cost intelligence briefing

• Prepare reconciliation for cost intelligence

Trang 4

3d ACR Feb 7, 2011 Non-deployables Review

21 pages

Trang 5

How Can the Cost War Be Won if All Cost Reports Look Like

This?

• It can’t –

• Of course, someone needs to know where the trees are, but

• Effective command and control needs intelligence formatted in more useful ways

• Formatting cost information for effective command and control is critically important

Trang 6

After Action Reconciliation

Case A Case B Spending

What was Expected $X $X

What was Achieved $X - $20 $X+$20

Delta $20 ($20)

Reconciliation Format

Good News Story $ $

Good News Story $ $

Bad News Story ($) ($)

Bad News Story ($) ($)

Total Explained $20 ($20)

Trang 7

After Action Reconciliation

Case A Case B Spending

What was Expected $X $X

What was Achieved $X - $20 $X+$20

Delta $20 ($20)

Reconciliation Format

Good News Story $ $

Good News Story $ $

Bad News Story ($) ($)

Bad News Story ($) ($)

Total Explained $20 ($20)

The coster provides this part: the credible intelligence

The coster provides this part: the credible intelligence

Trang 8

After Action Reconciliation

Case A Case B Spending

What was Expected $X $X

What was Achieved $X - $20 $X+$20

Delta $20 ($20)

Reconciliation Format

Good News Story $ $

Good News Story $ $

Bad News Story ($) ($)

Bad News Story ($) ($)

Total Explained $20 ($20)

The accountable, operational manager prepares and presents this part: the story

The accountable, operational manager prepares and presents this part: the story

Trang 9

After Action Reconciliation

Case A Case B Spending

What was Expected $X $X

What was Achieved $X - $20 $X+$20

Delta $20 ($20)

Reconciliation Format

Good News Story $ $

Good News Story $ $

Bad News Story ($) ($)

Bad News Story ($) ($)

Total Explained $20 ($20)

or variance

This is a favorable variance since actual cost is lower than expected cost

The technical accounting term for this is a “goodie”  This is a favorable variance since actual cost is lower than expected cost

The technical accounting term for this is a “goodie” 

Trang 10

After Action Reconciliation

Case A Case B Spending

What was Expected $X $X

What was Achieved $X - $20 $X+$20

Delta $20 ($20)

Reconciliation Format

Good News Story $ $

Good News Story $ $

Bad News Story ($) ($)

Bad News Story ($) ($)

Total Explained $20 ($20)

or variance

This is an unfavorable variance since actual cost exceeds expected

cost

The technical accounting term for this is a “baddie” 

This is an unfavorable variance since actual cost exceeds expected

cost

The technical accounting term for this is a “baddie” 

Trang 11

After Action Reconciliation

Case A Case B Spending

What was Expected $X $X

What was Achieved $X - $20 $X+$20

Delta $20 ($20)

Reconciliation Format

Good News Story $ $

Good News Story $ $

Bad News Story ($) ($)

Bad News Story ($) ($)

Trang 12

Learning Check

• Who prepares the first part of the After Action Reconciliation report?

• What is the goal of the second part of the report?

Trang 13

Exercise: Construct the AAR Reconciliation Slide

Trang 14

Exercise: Construct the AAR Reconciliation Slide

Trang 15

After Action Reconciliation

Spending

What was expected

What was achieved

Delta

Reconciliation

Total Explained

Trang 16

After Action Reconciliation

Spending

Reconciliation

Total Explained

Trang 17

After Action Reconciliation

Spending

Trang 18

After Action Reconciliation

Spending

Reconciliation

Total Explained

More good news!

Trang 19

After Action Reconciliation

Spending

Reconciliation

Total Explained

This is a “bad news” story

Trang 20

After Action Reconciliation

Spending

Reconciliation

Total Explained

More bad news

Trang 21

After Action Reconciliation

Spending

Reconciliation

Trang 22

Learning Check

• If actual cost is greater than planned cost, how will it be displayed in the After Action Reconciliation?

Trang 23

Exercise: Redo the Previous AAR by Considering Volume Variance Effects

variable cost variable cost fixed cost variable cost

Trang 24

Exercise: Redo the Previous AAR by Considering Volume Variance Effects

variable cost variable cost fixed cost variable cost

Trang 25

Exercise: Redo the Previous AAR by Considering Volume Variance Effects

variable cost variable cost fixed cost variable cost

Trang 26

Variance Template

Plan (100 units)

Volume Variance Flex

(80 units)

Perf.

Variance

Actual (80 units)

Var Cost

Fixed Cost

Total Cost

Trang 27

Variance Template

Plan (100 units)

Volume Variance Flex

(80 units)

Perf.

Variance

Actual (80 units)

Trang 28

After Action Reconciliation

Spending

Reconciliation

Total Explained

Trang 29

After Action Reconciliation

Spending

Reconciliation

Trang 30

Exercise: Redo the Previous AAR by Considering Volume Variance, Sales, and Profit Effects

variable cost variable cost fixed cost variable cost

planned a $10 per unit price

planned a $10 per unit price

got a $13 per got a $13 per

Trang 31

Variance Template

Plan (100 units)

Volume Variance Flex

(80 units)

Perf

Variance

Actual (80 units)

Revenue

Var Cost

Fixed Cost

Profit

Trang 32

Variance Template

Plan (100 units)

Volume Variance Flex

(80 units)

Perf

Variance

Actual (80 units)

Trang 33

After Action Reconciliation

Trang 34

After Action Reconciliation

Trang 35

• The AAR format is critically important to facilitating command and control

• It varies to suit the issues at hand and can evolve as the issues change

• It pinpoints variances to expectation and demands a story from the accountable manager

• Some additional, possible formats and typical explanatory elements follow

Trang 36

Simple Cost Results and Reconciliation

Direct Cost

Indirect Cost

Reason 1: Change in Number of Units

Reason 2: Change in Direct Cost

Reason 3: Change in Indirect Cost

Reconciliation Explanation for Delta for Output A

Trang 37

P&L View Results and Reconciliation

Fee Revenue

Cost

Reason 1: Change in Revenue

Reason 2: Change in Number of Units

Reason 3: Change in Cost

Reconciliation Explanation for Delta for Residual

Trang 38

Unit Cost Results and Reconciliation

Reason 1: Change in Number of Units

Reason 2: Change in Direct Cost

Reason 3: Change in Indirect Cost

Reconciliation Explanation for Unit Cost Delta

Trang 39

Spreadsheet Exercise

• Redo the previous exercises using the spreadsheet

• Which do you prefer?

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