Cracking Fundamental of Financial Statement analysis Project Management Homework Help.
Financial statement analysis refers to the scrutiny and evaluation of financial statements of a company to ascertain its fiscal strengths and weaknesses. It is essential for accounting students to become experts in this as it is a deciding factor in future career prospects. Objectives of financial statement analysis The major reason for analyzing balance sheet and income statements is to enable decision making. A thorough scrutiny of these will help to know where the company is headed. If it shows a downward trend, measures can be taken to rectify them in time. Who uses the data? It is used by company management to reflect fiscal position. But apart from this, many other stakeholders like investors and lenders also undertake analytical studies to protect their interest. This makes it quite significant from every point of view. Students of accounting should devote enough time for learning these concepts. Financial statement analysis assignment help ...