Patent ID: 6856972
Filing Date: 2005-02-15
Classification: G06Q,Y10S

Abstract:
1. An automated method of analyzing and comparing financial data, the method comprised of: gathering data from at least one field in at least two different financial statements; determining the applicability of a first subroutine to the gathered data; if applicable, applying the first subroutine to the gathered data; determining the applicability of a second subroutine to the gathered data; if applicable, applying the second subroutine to the gathered data; determining the applicability of a third subroutine to the gathered data; if applicable, applying the third subroutine to the gathered data, wherein at least one of the subroutines is applicable; and electronically reporting the results of the first subroutine, the second subroutine, and the third subroutine to identify underlying factors which cause changes in revenue and cost, wherein the first subroutine is a volume variance subroutine, a mix variance subroutine, a net revenue change variance subroutine, a cost change variance subroutine, an exchange variance subroutine or a one-time subroutine.