CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Revenue and Margin Analysis

Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
2 Credits: Accounting

Course Description

The comparison of actual revenue or margin amounts to either budget or prior year results will generally result in a variance. This course demonstrates mathematical formulas to compute the variance that is attributable to pricing decisions, unit volume, and product mix. This method is an important tool to clearly and concisely explain revenue and margin variances to marketing, operations, and executive personnel. Specific topics covered are the calculation of the price, volume, mix, and cost components as well as an explanation of the concept of product mix. This course is a valuable resource for CPAs working in the manufacturing or distribution industry, as well as for CPAs in public accounting who serve these industries.

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Recognize the characteristics, components, usage, and terminology associated with revenue and margin analysis
  • Compute the price variance component and the volume variance component at the revenue and margin levels
  • Compute the product mix variance component and the product cost variance component at the revenue and margin levels

Course Specifics

Course ID
1123297
Revision Date
March 18, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Joseph Helstrom Headshot
Joseph Helstrom, CPA

Joseph Helstrom, CPA, is a partner at CFO Resources, LLC, a company focused on training and courseware for CPAs. He’s also the owner of Mill Creek Publishing LLC. Joe has over 30 years of experience as a CPA in both public accounting and industry, with extensive experience in financial reporting and analysis, treasury, tax, information technology, legal and regulatory matters, and strategic planning. After graduation from Butler University with a degree in accounting, Joe got his start at Ernst & Young. Subsequent to that, he has served for several different companies as a chief financial officer; director of treasury and …

Joseph Helstrom, CPA Read More »

Revenue and Margin Analysis

Expert Instructors
Format
CPE CREDITS
2 Credits: Accounting

$58.00$78.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
2 Credits: Accounting

Course Description

The comparison of actual revenue or margin amounts to either budget or prior year results will generally result in a variance. This course demonstrates mathematical formulas to compute the variance that is attributable to pricing decisions, unit volume, and product mix. This method is an important tool to clearly and concisely explain revenue and margin variances to marketing, operations, and executive personnel. Specific topics covered are the calculation of the price, volume, mix, and cost components as well as an explanation of the concept of product mix. This course is a valuable resource for CPAs working in the manufacturing or distribution industry, as well as for CPAs in public accounting who serve these industries.

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Recognize the characteristics, components, usage, and terminology associated with revenue and margin analysis
  • Compute the price variance component and the volume variance component at the revenue and margin levels
  • Compute the product mix variance component and the product cost variance component at the revenue and margin levels

Course Specifics

Course ID
1123297
Revision Date
March 18, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Joseph Helstrom Headshot
Joseph Helstrom, CPA

Joseph Helstrom, CPA, is a partner at CFO Resources, LLC, a company focused on training and courseware for CPAs. He’s also the owner of Mill Creek Publishing LLC. Joe has over 30 years of experience as a CPA in both public accounting and industry, with extensive experience in financial reporting and analysis, treasury, tax, information technology, legal and regulatory matters, and strategic planning. After graduation from Butler University with a degree in accounting, Joe got his start at Ernst & Young. Subsequent to that, he has served for several different companies as a chief financial officer; director of treasury and …

Joseph Helstrom, CPA Read More »

Revenue and Margin Analysis

Expert Instructors
Format
CPE CREDITS
2 Credits: Accounting

$58.00$78.00

Clear