In this article we will discuss about:- 1. Introduction to Analysis and Interpretation of Financial Statements 2. Types of Financial Analysis 3. Preliminaries Required 4. Objectives 5. Importance 6. Techniques. Introduction to Analysis and Interpretation of Financial Statements: Analysis and interpretation of financial statements are an attempt to determine the significance and meaning of the financial statement data so that [...]
In this article we will discuss about:- 1. Nature of Balance Sheet 2. Title of Balance Sheet 3. Form 4. Basic Division. Nature of Balance Sheet: (a) Balance sheet as a statement of assets and liabilities and capital fund: Balance sheet comprises of list of Assets, Liabilities and Capital Fund at a given date. It sets forth the financial condition [...]
In this article we will discuss about the structure of fund flow statement. The structure of fund flow statement like other accounting statements is based on the equality of financial assets and liabilities. To bring the form of fund flow statement on a scientific line, the fund flow statement is divided into two parts: (A) Schedule of working capital changes. [...]