Best Tools And Techniques You Can Use For Financial Statement Analysis theearthmagazine.com

Financial statement analysis is the process of analysing an organisation's financial statements in order to make informed decisions. The income statement, balance sheet, retained earnings and statement of cash flows are among some important types of financial statements one should analyse. It tells the external stakeholders to understand the overall health of a company before making investment plans. In addition to this, it also helps an organisation to see its overall annual performance and identify the points of weakness. A financial statement can be of many types, such as vertical analysis, leverage analysis, growth rates, profitability