reports on bokaro steal
this is the financial analysys of sundram finance
CHAPTER – 1
INTRODUCTION
1 INTRODUCTION
The financial statement provides the basic data for financial performance analysis. The financial statements provide a summarized view of the financial position and operations of a firm. Financial analysis (also referred to as financial statement analysis or accounting analysis) refers to an assessment of the viability, stability and profitability of a business. The analyst first identifies the information relevant to the decision under consideration from the total information contained in the financial statements. Therefore, much can be learnt about a firm from a careful examination of its financial statements as invaluable documents and performance reports. The analysis of financial statements is an important aid to financial analysis. They provide information on how the firm has performed in the past and what is its current financial position. Financial analysis is the process of identifying the financial strengths and weakness of the firm from the available accounting data and financial statements. The analysis is done by establishing relationship between the different items of financial statements. The focus of financial analysis is on key figures in the financial statements and the significant relationship that exists between them. The analysis of financial statements is a process of evaluating relationship between component parts of financial statements to obtain a better understanding of the firm’s position and performance. The first task of financial analyst is to select the information relevant to the decision under consideration from the total information contained in the financial statement. The second step involved in financial analysis is to arrange the information in a way to highlight significant relationships. The final step is interpretation and drawing of
CHAPTER – 1
INTRODUCTION
1 INTRODUCTION
The financial statement provides the basic data for financial performance analysis. The financial statements provide a summarized view of the financial position and operations of a firm. Financial analysis (also referred to as financial statement analysis or accounting analysis) refers to an assessment of the viability, stability and profitability of a business. The analyst first identifies the information relevant to the decision under consideration from the total information contained in the financial statements. Therefore, much can be learnt about a firm from a careful examination of its financial statements as invaluable documents and performance reports. The analysis of financial statements is an important aid to financial analysis. They provide information on how the firm has performed in the past and what is its current financial position. Financial analysis is the process of identifying the financial strengths and weakness of the firm from the available accounting data and financial statements. The analysis is done by establishing relationship between the different items of financial statements. The focus of financial analysis is on key figures in the financial statements and the significant relationship that exists between them. The analysis of financial statements is a process of evaluating relationship between component parts of financial statements to obtain a better understanding of the firm’s position and performance. The first task of financial analyst is to select the information relevant to the decision under consideration from the total information contained in the financial statement. The second step involved in financial analysis is to arrange the information in a way to highlight significant relationships. The final step is interpretation and drawing of
References: Greninger et al.(1996), Fundamentals of Financial Management, 5th Edition, 4.1-4.18. Jae K.Shim, Joel G.Siegel, Schaum’s Outline of Theory and Problems of Financial Accounting, 1999, 279-298. John J.Wild, K.R.Subramanyam & Robert F.Halsey (2006), Financial Statement Analysis, 9th Edition, 2-90. Jonas Elmerraji, “Analyze Investments Quickly with ratios”, 2005, 33-36 Kennedy and Muller, “Analysis of Financial Statements”,1999, 1.3 – 1.34 Khan M Y & Jain P K, “Financial Management”, 4th Edition , 2006, 6.1 - 6.81 Pandey I M, “A Management Guide for Managing Company’s Funds and Profits”, 6th Edition, 1 – 58 Peeler J. Patsula, “Successful Business Analysis”,2006, 18-19 Rachchh Minaxi A (2011), Introduction to Management Accounting, 3-88. Reddy T S & Hari Prasad Reddy Y, “Management Accounting”, 3rd Edition, 2008, 3.9 - 3.25 Salmi, T