Ppt on cross sectional analysis of financial statement information

DRUG FREE COMMUNITIES SUPPORT PROGRAM FY2012 Grant Application Workshop Executive Office of the President of the United States White House Office of National.

point, how has the coalition used the information collected to inform and mobilize the community and will that change if award a DFC grant? Data analysis and process for selecting relevant data to /financial statements (F/S) or IRS Form 990, Return of Organization Exempt from Income Tax Financial Capability Reviews – Using a Recent OMB A-133 Audit F/S and Notes are reviewed for indicators of financial instability Notes to the F/S and A-133 audit report section are reviewed for significant issues Financial/


Session Learning Objective GFS-2001  At the end of the session, the participants should understand what is budget, types of budget and budgeting system.

Sections in the Budget Division. These estimates are scrutinized in detail and further consolidated as part ofprocess of compilation of the Budget and related documents, which are briefly described below. (a) Annual Financial Statement Under Article 112 of the Constitution of India, a statement of the estimated receipts and expenditure of the Government of India in respect of every financial year is laid before Parliament; this is called the Annual Financial Statement. The Annual Financial Statement of/


Welcome to “Entrepreneurship and Business for Engineers and Scientists” !! TG 401, Section A Course website: stevens.edu/sse/tgcourse Dr. Carl Pavarini.

R&D Product Design & Development Technical Sales Operations Engineering Post-sale Technical support Information Technology/Infrastructure/Applications Why you need to know about “business” in a technical job/ )www.sec.gov Particularly useful 10K/10Q sections: Particularly useful 10K/10Q sections: financial reports (incl. income statement) financial reports (incl. income statement) management’s discussion of financial …. (incl. net sales, management’s discussion of financial …. (incl. net sales, gross margin/


Slide 29.1 Analytical Analysis – Selective Use of Ratios Chapter 29.

Prepare a common size statement of financial position  A vertical analysis assesses the strength of the statement of financial position with assets and liabilities shown as a percentage of a base figure  A horizontal analysis is then carried out on areas that require further investigation. Slide 29.7 Common-size statements Methods of ratio comparisons Two methods of comparison can be used – cross-sectional and time-series. Cross-sectional analysis - financial ratios of different companies within the/


Business Analysis & Valuation Using Financial Statements Lecture Notes Professor David M. Chen Palepu, Krishna G., Paul M. Healy,

Business Analysis & Valuation Using Financial Statements Lecture Notes Professor David M. Chen 003924@mail.fju.edu.tw Palepu, Krishna G., Paul M. Healy, and Victor L. Bernard 3rd edn, South-Western, Thomson, 2004 Alchemy  Random behavior of stock prices (up to 1960s)  Statistic distribution  Technical analysis  Against weak form efficiency  Price/volume analysis (Grossman & Stigliz)  Portfolio theory (70s)  Diversification  Mutual funds  Information content analysis (late 70s)  Selectivity (/


Agency Operations. Learning Objectives We will review the learning objectives at the beginning of the section in which they are found.

communication –Discovered in court of law –Maintain professional appearance –Disclaimers –Out of office message –Message of no binding LO Section 5: Basics of Financial Statement Analysis Learning Objectives 1.Explain the use of financial statements as a part of the underwriting process 2.Explain the purpose and components of a balance sheet and a profit & loss statement Basics of Financial Statement Analysis The financial condition of an insured is an important piece of the underwriting process –Direct/


DRUG FREE COMMUNITIES SUPPORT PROGRAM FY2011 Grant Application Workshop Executive Office of the President of the United States White House Office of National.

procedures (P&P) along with the most recent financial statements (F/S) or IRS Form 990, Return of Organization Exempt from Income Tax Financial Capability Reviews – Using a Recent OMB A-133 Audit F/S and Notes are reviewed for indicators of financial instability Notes to the F/S and A-133 audit report section are reviewed for significant issues Financial Capability Reviews – Using P&Ps & F/S/


Corporate Governance 2 “ Corporate”  Corporate is adjective meaning “of or relating to a corporation” derived from the noun corporation.  A corporation.

by the CEO / CFO regarding the completeness and accuracy of quarterly reports as well as the nature and effectiveness of disclosure controls and procedures (DC&P) supporting the quality of information included in such reports Representations by CEO and CFO as required by Section 302 to include: –Review of report: no untrue statement or omission of facts & fair presentation of financial position, results and cash flow –Responsibility for design and/


FINANCIAL ACCOUNTING a user perspective Sixth Canadian Edition Prepared by: Lynn de Grace C.A. Chapter 12 Financial Statement Analysis.

the financial statements – especially significant accounting policies of the company 3 Retrospective vs. Prospective Analysis John Wiley & Sons Canada, Ltd. ©2011  Make a prospective analysis (forward-looking): Use the past trends to help forecast future outcomes ie. a banker might make a forecast of future cash flows prior to approving a loan;  Do a retrospective analysis to determine past trends: Two major types – times series analysis and cross-sectional analysis This/


Copyright © 2012 Pearson Prentice Hall. All rights reserved. Chapter 3 Financial Statements and Ratio Analysis.

Four Key Financial Statements: Statement of Retained Earnings The statement of retained earnings /Financial Ratios: Types of Ratio Comparisons (cont.) Time-series analysis is the evaluation of the firm ’ s financial performance over time using financial ratio analysis Comparison of current to past performance, using ratios, enables analysts to assess the firm ’ s progress. Developing trends can be seen by using multiyear comparisons. The most informative approach to ratio analysis combines cross-sectional/


Financial Management Analysis of Financial Statements.

Financial Management Analysis of Financial Statements Using Financial Ratios Ratio analysis involves methods of calculating and interpreting financial ratios to assess a firm’s financial condition and performance. It is of interest to shareholders, creditors, and the firm’s own management. Trend or time-series analysis Used to evaluate a firm’s performance over time Using Financial Ratios Types of Ratio Comparisons Trend or time-series analysis Cross-sectional analysis Used to compare different firms at the/


Copyright © 2012 Pearson Prentice Hall. All rights reserved. Chapter 3 Financial Statements and Ratio Analysis.

Four Key Financial Statements: Statement of Retained Earnings The statement of retained earnings /Financial Ratios: Types of Ratio Comparisons (cont.) Time-series analysis is the evaluation of the firm ’ s financial performance over time using financial ratio analysis Comparison of current to past performance, using ratios, enables analysts to assess the firm ’ s progress. Developing trends can be seen by using multiyear comparisons. The most informative approach to ratio analysis combines cross-sectional/


Chapter 1: Introduction to Project Management Information Technology Project Management, Fifth Edition.

be done Blue Cross Blue Shield of Michigan used the /of the project Information Technology Project Management, Fifth Edition, Copyright 2007 117 Financial Analysis of Projects Financial considerations are often an important consideration in selecting projects Three primary methods for determining the projected financial value of projects Net present value (NPV) analysis Return on investment (ROI) Payback analysis Information/ of the work content in the project according to the scope statement Information /


McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 1 Foundations of Information Systems in Business.

changes in inventory, provides shipping/reorder information  Accounts Receivable – record amounts owed by customers, produce customer invoices/statements and credit management reports 1-105 VI. Financial Management Systems  Support decisions concerning:  Financing a business – determine financing needs  Allocation and control of financial resources  Capital Budgeting – evaluate profitability and financial impact of proposed capital expenditures  Financial Planning – evaluate present and projected/


Sanjay Ranade, Head, DCJ, UoM1 PRESS LAWS. Sanjay Ranade, Head, DCJ, UoM2 A History of Press Legislation in India In India, the history of laws directed.

and manner in which an annual statement under clause (a) of section 19D, or any returns, statistics or other information under section 19E, may be furnished to the Press Registrar; d. prescribing the fees for furnishing copies of extracts from the Register and the/ record events as simple untailored facts. The analysis of the events and opinion thereon are a different genre altogether. The treatment of the two also thus has necessarily to be different. In times of crisis, facts unadorned and simply put, with/


Ratio Analysis.

External benchmarks. Competitor, industry average Ratio Standards of Comparison-Cross-Sectional standards Compare a firm’s financial ratios to other firms or industry average Industry/financial statements, and any other information supplied by the customer or collected. Credit agencies provide reports on the credit worthiness of a potential customer. Financial ratio analysis can be used to help determine a customer’s ability to pay its bills. Credit Risk Analysis A technique used to develop a measurement of/


Purpose of Document The intent of this document is to provide a detailed handover of all analysis and materials relating to regulatory gap studies on Safety.

of China Section 11: General Statistical Survey includes aviation safety, output, service quality, fixed investment, human resources, financial and other information/information Article 8 CAAC is in charge of establishing civil aviation safety information system to share civil aviation safety information Article 9 CAAC encourage and support the relevant technical research on collection, report and analysis of civil aviation safety information/ Setup up cross divisional work/standard Statement of compliance Special /


ESSENTIALS of FINANCIAL STATEMENT ANALYSIS

may be the change in performance or health each year. I. Basic Approaches In cross-sectional analysis, the benchmark may be the performance or health of a particular competitor or industry averages. II. Quaker Oats Example   B. Common size and trend statements provide a convenient way to organize financial statement information……… so that major financial components and changes are easily recognized. II. Quaker Oats Example 1. Common size income/


CHAPTER 5 ESSENTIALS OF FINANCIAL STATEMENT ANALYSIS.

OF FINANCIAL STATEMENT ANALYSIS Roadmap Two concepts Profitability analysis Credit risk analysis Cross-sectional vs. Time-series Common-size vs. Trend Statement Profitability analysis Credit risk analysis Return on equity and financial leverage analysis Basic Approaches A. Time-series analysis helps identify financial trends over time for a single company or business unit. B. Cross-sectional analysis/the financial structure of a company, they provide no information about its ability to generate a stream of /


Financial Statements Financial Statement Analysis

Income statements & Common size statements are Intra firm analysis Yes No A horizontal analysis is also known as a ___________ Time series analysis Cross-sectional Analysis Inter-firm Analysis Vertical Analysis is also known as Dynamic Analysis Static Analysis Vertical Analysis is a comparison of one or more _______ over a period of time Firms Variables Years Process of Financial Statement Analysis Rearrangement of Statements Comparison Analysis Interpretation Purpose of Financial Analysis Judging/


1 Corporate performance analysis Financial ratio analysis and rating Helena Sůvová Guest lecture for the Czech University of Agriculture Course: Corporate.

Comparability: use the same ratio formulasuse the same ratio formulas preferably use audited (annual) statements based on the same accounting standardspreferably use audited (annual) statements based on the same accounting standards be aware of valuation of assetsbe aware of valuation of assets 7 Objectives, caveats Example of cross-sectional and time-series analysis 8 Basic groups of financial ratios b 5 basic groups: liquidity ratiosliquidity ratios debt management ratios (leverage ratios)debt/


Session XIII & XIV REPORTS OF IMPORTANT COMMITTEES ON CORPORATE GOVERNANCE – K.M. BIRLA COMMITTEE, NARESH CHANDRA COMMITTEE, N.R. NARAYAN MURTHY COMMITTEE,

The important mandatory and non-mandatory recommendations of the committee are discussed below: Audit committee: The committee recommended that the audit committee of public listed companies would be required to review the following information mandatory: ·           Financial statements and draft audit reports, including quarterly/half yearly information. ·           Management discussion and analysis of financial condition and the results of operations. ·           Report relating to compliance with laws/


Scandals and Manipulation

SEC Proxy Statement, information for the stockholders’ annual meeting Other SEC reports, including the Prospectus (for new securities’ issues) & 8-K (to report specific events) Contents of the 10-K Management Letter, usually an optimistic assessment of operations & future performance expectations from the CEO or other executive(s) Financial Highlights Management Discussion & Analysis (MD&A) Financial Section Contents of the Financial Section Auditor’s Report Income Statement Balance Sheet Statement of Cash/


CHAPTER 9 Financial statement analysis I

and, eventually, bankruptcy Table 9.2 Short-term liquidity risk ratios Analysing financial statements Decode messages built into financial statements and use them to ‘tell the story’ Time series analysis of ratios Combine patterns of financial ratios Compare cross-sectionally Ratio analysis is only part of an investment appraisal process - also consider: Non-financial performance indicators Broader economic variables Information about future business plans, etc. Worked example (1) Worked example (2) Worked/


CHAPTER-1 GLOBAL FINANCE.

show all gains and losses in their current income statement. b. FASB #8 requires firms to use /European Union, market alliances, cross-listing, and other reasons./ in the order of 1, 2, 3, and 4 until capital budget has exhausted). RISK ANALYSIS PORTFOLIO THEORY 1/of an effective management information system. c. Performance criteria consist of financial criteria (i.e., return on investment and profits) and non- financial/of these payments will go to a foreign official. b. FCPA consists of two separate sections/


The Stockholders’ Report

Four Key Financial Statements: Statement of Retained Earnings The statement of retained earnings /Financial Ratios: Types of Ratio Comparisons (cont.) Time-series analysis is the evaluation of the firm’s financial performance over time using financial ratio analysis Comparison of current to past performance, using ratios, enables analysts to assess the firm’s progress. Developing trends can be seen by using multiyear comparisons. The most informative approach to ratio analysis combines cross-sectional/


PREVIEW OF CHAPTER 5 Intermediate Accounting IFRS 2nd Edition

the usefulness of the statement of cash flows. Determine additional information requiring note disclosure. Describe the major disclosure techniques for financial statements. CLASSIFICATION IN THE STATEMENT Statement of Financial Position Format IFRS does not specify the order or format of the items in the statement. Two general forms: Account form Assets on left side Equity and liabilities on right side Report form LO 3 Statement of Financial Position Format Report Form lists the sections one above/


Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Chapter 5 Corporate Financial Reporting and Analysis.

to its own results over a series of time periods. Competitors Cross-sectional analysis compares the results of one company with those of others in the same section of the industry. To help interpret amounts on the financial statements, it’s useful to have points of comparison or “benchmarks.” 5-29 Thousands of U.S. Dollars From this time-series analysis we see that Activision’s financial profile changed between 2005 and 2006. During/


Advanced Data Concepts, LLC State of Wisconsin Procurement Analysis Project Desired Future Situation & Detailed Recommendations January 2001.

Cut financial period closing times –Capability to properly link cross-functional business process and adapt to organizational changes  Leverage EAS/ERP built-in “best business practices”, research and development, best-of-breed /of this section of the report. BEST PRACTICES PROCESS MAPS State of Wisconsin Procurement Analysis Project APPENDICES © 2000 Advanced Data Concepts, LLCState of Wisconsin 88 GLOSSARY OF TERMS  AM - Account Management  AP - Accounts Payable  Baseline Spend Data - Spend information/


1 Information System Audit Essential of IS Audit for IT Engineer UP-ITTC October. 2010.

is Section 404, which requires management and the external auditor to report on the adequacy of the companys internal control over financial reporting Internal Control must use Information System now. To evaluate internal control should needs audit for Information system 9 Why IS Audit is needed? Legal Background (2) U CompanyAuditor Financial Audit SOX Financial Audit (Result) Operation Audit (Process) Internal Control Financial Audit Report Financial Audit Financial Statement Internal Control Financial/


CONFIDENTIAL BU Strategic Plan Template Book Training materials 8 June 2001 This report is solely for the use of client personnel. No part of it may be.

FINANCIAL PROJECTIONS – BACK-UP 2 C.2What is your projected net income in the next few years? Income statement forecast BASE CASE Historical Sales Cost of goods sold Gross profit Operating expenses Operating profit Other expenses Taxes Net profit 1999 FORECASTED INCOME STATEMENT 2000 InPhPmillion Forecast 2001**200220032004 CAGR 1999-2004 Growth analysis/on a review of the section on Environmental /Informational complexity Diversity of competitors Corporate stakes Exit barriers 3.Determinants of buying /Cross/


Chapter 1-1 C H A P T E R 1 FINANCIAL ACCOUNTING AND ACCOUNTING STANDARDS Intermediate Accounting 13th Edition Kieso, Weygandt, and Warfield.

Items NOT Getting ‘Special’ (Separate) Section Chapter 1-92 Illustration of “Unusual Gains & Losses” Chapter 1-93 1.) Changes in Accounting Principles (or “method”) Restate prior years’ financial statements that are being presented for comparative purposes / buy the new issue of equity securities? Chapter 1-146 Ratio Analysis Analysts and other interested parties can gather qualitative information from financial statements by examining relationships between items on the statements and identifying trends in /


Copyright © 2012 Pearson Education Chapter 3 Financial Statements and Ratio Analysis.

Four Key Financial Statements: Statement of Retained Earnings The statement of retained earnings /Financial Ratios: Types of Ratio Comparisons (cont.) Time-series analysis is the evaluation of the firm ’ s financial performance over time using financial ratio analysis Comparison of current to past performance, using ratios, enables analysts to assess the firm ’ s progress. Developing trends can be seen by using multiyear comparisons. The most informative approach to ratio analysis combines cross-sectional/


ANALYTICAL PROCEDURES SECTION 7. What Are Analytical Procedures? Evaluations of financial information made by a study of plausible relationships among.

3.6 Time Series AnalysisCross Sectional Analysis Methods of Ratio Analysis Financial ratios and common size statements Financial ratios Analyzes relationships among account balances that the auditor expects to: Remain stable over time Be common across firms Common-Size Statements In preparing common-size statement, the auditor converts the dollar amount of each account balance to a percentage of some relevant aggregate amount Time-series or cross-sectional Generally more useful for income/


Financial Reports EGN 5622 Enterprise Systems Integration Professional MSEM Fall, 2012 Financial Reports EGN 5622 Enterprise Systems Integration Professional.

analysis instead of scanning printed reports 6 Financial Reports (- continued) Reporting is a tool through which internal and external stakeholders can understand the organization’s financial performance as a result of the business decisions made by management in the period defined Reporting in financial accounting is broadly divided into two categories: ◦displaying account information, and ◦generating financial statement. 7 Financial Reports (- continued) Accounting Information ◦Account information can/


Advanced Diploma of Government – Session 9 Welcome back!

bids/estimates include: – historical information – costing of activities – cost benefit analysis – staff/resource requirements – contractual information. © CIT Solutions Pty Ltd 2014 © CIT Solutions Pty Ltd 2015 Develop financial bids & estimates:  The bids/estimates need to contain logical assumptions and to take into account resource constraints and organisational needs.  Supporting documentation may include: – phasing for liabilities and expenditures – impact statements – reasons for major variations/


Financial Reports EGN 5622 Enterprise Systems Integration Spring, 2012 Financial Reports EGN 5622 Enterprise Systems Integration Spring, 2012.

analysis instead of scanning printed reports 7 Financial Reports (- continued) Reporting is a tool through which internal and external stakeholders can understand the organization’s financial performance as a result of the business decisions made by management in the period defined Reporting in financial accounting is broadly divided into two categories: ◦displaying account information, and ◦generating financial statement. 8 Financial Reports (- continued) Accounting Information ◦Account information can/


Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Chapter 5 Corporate Financial Reporting and Analysis.

-Hill/Irwin The Needs of Financial Statement Users Investors Investors (and their advisors) look to accounting information to help evaluate the financial strength of a business and ultimately to estimate its value. When accounting information is used to assess/ series of time periods. Competitors Cross-sectional analysis compares the results of one company with those of others in the same section of the industry. To help interpret amounts on the financial statements, it’s useful to have points of comparison /


© D.L. Crumbley 1 The Fraud Side of Forensic Accounting D. Larry Crumbley, CPA, Cr.FA, CFD KPMG Endowed Professor Department of Accounting Louisiana State.

investors to more thoroughly examine a firm’s audited financial statements. A more thorough analysis of a firm’s financial statements lead investors to lower their assessment of the firm’s earnings quality. F.D. Dodge, “Investors perceptions of Earnings Quality, Auditor Independence, and the Usefulness of Audited Financial Information,” p. 46. Found no evidence that short sellers trade on the basis of information contained in accruals. Scott Richardson, “Earnings Quality and Short/


FINANCIAL STATEMENT AND RATIO ANALYSIS. Annual report.The report describes the firm’s operating performance during the year and discuss new development.

Select Firms and Their Industry Median Values Using Financial Ratios: Types of Ratio Comparisons (cont.) Time-series analysis is the evaluation of the firm ’ s financial performance over time using financial ratio analysis Comparison of current to past performance, using ratios, enables analysts to assess the firm ’ s progress. Developing trends can be seen by using multiyear comparisons. The most informative approach to ratio analysis combines cross-sectional and time-series analyses.


Analysis and Interpretation of Financial Statements Tools and concepts.

Analysis and Interpretation of Financial Statements Tools and concepts 2008International Business Program Financial Accounting 1 Learning Objectives Tools and concepts, uses, limitations Purposes of financial analysis Types – trends and cross sectional Liquidity and solvency analyses Operating performance analyses Investment analyses 2008International Business Program Financial Accounting 2 Financial Analysis and Interpretation Tools and concepts –What are tools? 2008International Business Program Financial/


U/S 44 AB of Income Tax Act, 1961 [Guidance Note on Tax Audit (Revised 2014) issued by the ICAI] Tax Audit A.Y. 2016-17 ID:

financial statements audited by him contain the information as prescribed u/s 22 of the MSME Act.  If no disclosure is made by the auditee in the financial statements, auditor should give an appropriate qualification in Form No.3CB, in addition to the reporting requirement in Clause 22 of Form No. 3CD. Contd…. Issues on Clause no. 22 141 Particulars of any payment made to persons specified under Section/


American Style of Life [Constitution for the United States of America][1] We the People of the United States, in Order to form a more perfect Union, establish.

happen during the Recess of the Senate, by granting Commissions which shall expire at the End of their next Session. Section. 3. He shall from time to time give to the Congress Information of the State of the Union, and /financial statements. She’ll know what to look out for. Just be sure to agree on a budget for the cost of the advisor’s services (and, therefore, the time she will spend) upfront. ✓ Adjust for one-time events. If necessary, factor out one-time impactful events from the profit analysis/


END BACKNEXT Enterprise Business Systems Enterprise Resource Planning Supply Chain Management Transaction Processing Systems Section II Functional Business.

Enterprise Resource Planning Supply Chain Management Transaction Processing Systems Section II Functional Business Systems IT in Business Marketing Systems Human Resource Systems Accounting Systems Financial Mgmt. KEY TERMS Copyright 2005, McGraw-Hill/Irwin, Inc.7-35 Real World Cases Functional Business Systems Variety of Types of Information Systems that Support Business Functions Identification of Business Value Created Analysis of Challenges to Implementation Real World Case 2- GE Power/


Executive Summary This study is based on data compiled

50 cases were reported. This data should provide useful information to organizations on how to assess risks and structure controls within these departments. Because over 90% of all cases involved asset misappropriations, we limited this analysis to asset misappropriation schemes. Data on departments most commonly associated with corruption and financial statement fraud is presented in the following section. The Perpetrators Accounting When accounting employees committed occupational/


Select a product for more information.

Create Data Files module creates tab delimited ASCII files for each tagged cross-section. You can also create your own custom Create Data Files batches/of neural model selection and data preprocessing. View your data using built-in charts and spreadsheets. Analyze your predictions and trading signals for profitability using comprehensive analysis tools. Make your financial data work for you with TradingSolutions. Features Screenshot Click here to return to the ND main menu. Click here for product information/


Credit Analysis Training for Credit Officers Banque Populaire Regional Tangiers, Morocco March/April, 2009 FSVC Volunteer – Harris Berger Financial Services.

of a Risk Management Process Section II Due Diligence & Data Expectations Information Sources – Areas of Inquiry Business plans, financial projections Industry, market data Historical financial statements, personal financial statements/ability to implement strategy, succession plans, quality and independence of directors 5.Financial Analysis – historical and projected financial performance Handout One Risk Managers Approach Section IV Financial Analysis & Cash Flow Concepts Sales / Earnings / Margins Volumes/


Final Framework and Work Plan for Market Survey, for

: No particular issues observed during the pilot test Total respondents: 25 43 Section 2: Financial Information 44 Section 2: Financial Information Q1 Do you prepare financial statements? Observations Recorded: No particular issues observed during the pilot test Total respondents: 25 45 Q2 Are your financial statement audited? Section 2: Financial Information Q2 Are your financial statement audited? Observations Recorded: Most of the respondents did not understand the term audit Some responded that they/


Welcome and Introduction

and managing costs Providing information to lenders and investors Preventing theft Providing compliance with laws Paying and collecting bills when due Supporting your case in a lawsuit Budgeting and planning Applying for loans Record Retention Guidelines Type of Record Retention Period Bank statements 7 years Business licenses Until expired Cash register tapes 3 years Check registers Permanent Canceled checks Financial statements General ledger Inventory records/


FIN 3000 Chapter 4 Financial Analysis Liuren Wu FIN3000, Liuren Wu.

Wu FIN3000, Liuren Wu FIN3000, Liuren Wu Using Financial Ratios Financial ratios provide a second method for standardizing the financial information on the income statement and balance sheet. A ratio by itself may have no meaning. Hence, a given ratio is compared to: ratios from previous years – time series analysis; or ratios of other firms in the same industry – cross-sectional analysis. If the differences in the ratios are significant/


Ads by Google