On May 29, 2024, Whitehall Consulting conducted an advanced Financial Variance Analysis (FVA) training, expertly facilitated by Maritess R. Yalung. This comprehensive program aimed to equip participants with crucial skills for analyzing financial variances, essential for strategic decision-making and improving business outcomes. The training covered key topics such as the foundations of variance analysis, the importance of various types of variances (sales, cost, and profit), and detailed guidance on data collection, calculation, analysis, and interpretation. Practical applications were highlighted through real-life case studies, and techniques for creating effective action plans based on analysis findings were also discussed.
The program featured interactive workshops, case study analysis, and expert-led discussions, all emphasizing the immediate application of the skills learned. Participants praised the practical relevance and engaging nature of the sessions. One participant commented, “The hands-on approach and real-life case studies made the concepts clear and easy to understand. I feel confident in applying variance analysis to improve our financial planning and performance.” Whitehall Consulting remains committed to providing high-quality educational programs tailored to the needs of our clients and looks forward to continuing to offer innovative and impactful training initiatives.
