Standalone Financial Statements post-10
A Standalone Financial Statement includes profit and loss assets and liabilities of only the core company. A Standalone Financial Statement take only child company.
What are the different financial statements? post-4
In financial statements is we must understand the balance sheet, p & l statement and cash flow statement. Balance sheet P & L statement cash flow statement these three reports help in fundamental analysis of two things company’s past performance and future decisions Example if you take any stock. you must observe assets and liabilities.
Importance of FSA(Financial statement Analysis) post-3
In financial statement analysis helps decision makers understand three key parameters (1) the past performance of the company (2) Detailed information of company fundamentals (3) indicators about the company’s future performance (1) the past performance of the company : Financial data is always viewed in comparison to past data. This helps us understood how the company and its numbers have changed. (2) Detailed information of company fundamentals Each important fundamentals are broken into finer parts. the root cause of problems if any. (3) indicators about the company’s future performance Fundamentals the base of activities like forecasting. in forecasting you understand the past,present of the business you must scan stocks