File Name: interpreting and analyzing financial statements .zip
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Financial statements include a balance sheet and an income statement, commonly referred to as a profit and loss statement. The balance sheet presents a company's assets, liabilities and equity as of a specific date in time. An income statement presents a company's revenue, expenses and net income for a specific period, such as one year or six months. Depending on the company's intended use of the financial statements, the statements can be audited, reviewed or compiled by a Certified Public Accountant. Interpretation in accounting is an important management tool as it identifies trends and unusual or unexpected anomalies.
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This course is designed to impart basic knowledge on reviewing and analyzing financial statements. Understand differing accounting policies and their impact on financial statements;. Evaluate different types of performance measurement systems in accounting and commonly used financial control systems;. Demonstrate knowledge of management accounting concepts and techniques. B asic Accounting Concepts — Trial balance — reconciliation — Income and expenditure statements — Depreciation -Cash flow statement - purpose - uses - structure - format of cash flow statement - preparing cash flow statement -reporting cash flows - interpreting the cash flow statement.
Important tools or techniques of financial statement analysis are as follows. Tools and techniques of financial statement analysis. A brief explanation of the tools or techniques of financial statement analysis presented below. Comparative statements deal with the comparison of different items of the Profit and Loss Account and Balance Sheets of two or more periods. As a rule, any financial statement can be presented in the form of comparative statement such as comparative balance sheet, comparative profit and loss account, comparative cost of production statement, comparative statement of working capital and the like. Three important information are obtained from the Comparative Income Statement. The changes or the improvement in the profitability of the business concern is find out over a period of time.
Financial statement analysis involves gaining an understanding of an organization's financial situation by reviewing its financial reports. The results can be used to make investment and lending decisions. This review involves identifying the following items for a company's financial statements over a series of reporting periods :.
Впервые тебя вижу, - сказал Беккер вставая. Не хватало еще ввязаться в драку. Пора отсюда сматываться.
Начиная с того дня, анонимные переадресующие компании перестали быть для АНБ источником серьезных неприятностей.