An Overview of Financial Statement Analysis The Mechanics Brandt Allen Paul Simko 2007
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– How to prepare financial statements – Common problems of financial statements and how to overcome them – Understanding financial ratios – The use of financial ratios – The role of financial ratios in decision making Section 1: – Financial statements are used by individuals, governments and businesses to measure their financial performance and make informed decisions. Financial statements consist of income statements, balance sheets, and cash flow statements. – An analysis of financial statements involves looking at the underlying information to determine whether the