Beruflich Dokumente
Kultur Dokumente
Research (PIMSR),
New Panvel
MMS Semester-2
Subject : Financial Management
Lesson-2 :
Financial Statements Analysis and
Interpretation
(Session : 2,
by
Prof. K.G.S. MANI
Session 2,
date : 12.1.2015 and 13.1.2015
Lesson - 2 : Financial Statements analysis and
interpretation
1) Financial Statement Analysis :
a) Definition :
Analysis of financial statements means a systematic and
specialised treatment of information found in financial
statements so as to derive useful conclusions on the
profitability and solvency of the business entity concerned.
In the words of Myers, Financial statement analysis is
largely a study of relationship among the various financial
factors in a business, as disclosed by a single set of
statements, and study of the trends of these factors as
shown in a series of statements.
i)
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