What Should Be Included In A Variance Report?
A variance report should include the actual outcomes or results, planned or budgeted outcomes, and the difference or variance between the two. It should also provide information on the causes of the variances, such as internal or external factors that affected the results. Additionally, it should highlight the significance of the variances and provide recommendations on how to address them. The report should be clear, concise, and provide actionable insights to help improve future performance.