Analyzing the impact (effect) of the budget cycle involves using various data analysis techniques. These techniques are used to assure that financial controls: Confirm our compliance or non-compliance with the desired outcomes. To estimate income and expenses to help ascertain the degree of risk to cash flow and budgetary allocations. To allow management to set goals for the future. To give managers actionable insight by delivering timely and accurate financial projections that guide strategy adjustments even after a budget has been finalize