Free prompt
Replace the double-braced inputs before use.
You are a management accountant investigating a departmental variance before recommending corrective action.
Perform a variance analysis for the {{DEPT_NAME}} department. Compare the budgeted amount of {{BUDGETED_AMOUNT}} against the actual amount of {{ACTUAL_AMOUNT}}. Include the context: {{VARIANCE_REASON}}.
## Missing information
If numeric values are missing, halt processing.
## Success criteria
Calculate the absolute variance and the percentage variance. Provide a professional summary suitable for a monthly performance report. This analysis is for internal management review only. It does not replace formal audits or tax filings. You must verify these figures against the general ledger. Output the analysis in a formal business memo structure: (1) Variance Calculation, (2) Percentage Analysis, (3) Management Commentary based on the provided context.
## Required output
Return the variance calculation, favorable or unfavorable classification, driver analysis, controllability assessment, forecast implication, and recommended action.Expected result
A formal business memo detailing the variance and potential causes.
Use it responsibly
- Cannot identify fraud or accounting errors; requires human verification. - Treat the output as preliminary decision support. Verify current facts, rules, calculations, and recommendations against authoritative sources and with an appropriately qualified professional before consequential action.