FINANCIAL SITUATION ANALYSIS UNDERTAKING ASSESSED ON THE BASIS OF THE BALANCE SHEET
FINANCIAL SITUATION ANALYSIS UNDERTAKING ASSESSED ON THE BASIS OF THE BALANCE SHEET
Author(s): Luciana Spineanu GeorgescuSubject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: financial situation; the diagnosis; the accounting; financial analysis; balance sheet; cash flows.
Summary/Abstract: Analysis of the financial situation is the diagnosis of "financial health" of the company, closing the accounting year. Financial Analysis is a document management company that helps management to understand past and present to substantiation future strategic objectives of maintaining and developing business in a competitive environment. The financial statements of the essential aspect of the "static financial analysis, and based on research situations accounting (balance sheet) prepared by the regulations. These regulations provide an advantage that literature relatively uniform, so that financial analysts can use the general principles of analysis and can make some significant comparisons involve formal constraints which sometimes affect the significance of economic and financial balance. However, the financial statements are a structured financial representation of the financial position of businesses and transactions by it. "The main purpose in making this financial analysis is to provide users information about financial position, performance and cash flows of an enterprise, necessary economic decisions.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 19/2009
- Issue No: 4
- Page Range: 251-257
- Page Count: 7
- Language: English