It is therefore important that the accounting is accurate and up to standards for these different stakeholders of financial statements it is also useful for comparison of companies and as can be seen from the analysis sainsburys stakeholders will be more pleased with the financial statements than morrisons bibliography garner e 2014. Financial statement analysis is a method of reviewing and analyzing a companys accounting reports financial statements in order to gauge its past present or projected future performance this process of reviewing the financial statements allows for better economic decision making globally . Even business owners who arent accounting experts can gain important knowledge by understanding financial statements the balance sheet income statement and cash flow statement each describe a company from a different angle presenting business performance through a variety of viewpoints. An understandable financial statement helps business entitys stakeholders to get reasonable knowledge about the business and its economic activities as far as financial statements are easy to understand this helps investors to make investment decisions in the company the main objectives of financial statements are listed below
How it works:
1. Register Trial Account.
2. Download The Books as you like ( Personal use )