Archives for June 2011

SCOPE OF FINANCIAL STATEMENT ANALYSIS |QUANTITATIVE AND QUALITATIVE ASPECTS

By scope of financial statement analysis, we simply mean those vital issues that must be dealt with while carrying out financial statement analysis exercise. Financial statement analysis is a subset of the whole body of business analysis. Financial statements analysis is not all about ratio analysis as many would think. It goes beyond that and […]

WHAT ARE FINANCIAL STATEMENTS USED FOR AND HOW?

The question of what financial statements are used for is an important one as it raises awareness as to the importance accounting as a whole. Many debates went on in the past and are in fact still going on now amongst academics and professional accountants on the relevance of accounting numbers. This whole argument was […]

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