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Financial statement analysis is a judgemental process which aims to estimate current and past financial positions and the results of the operation of an enterprise, with primary objective of determining the best possible estimates and predictions about the future conditions.
TS Grewal Accountancy Class 12 Book PDF - Free download as PDF File (.pdf), Text File (.txt) or read online for free.
Financial statement analysis is a judgemental process which aims to estimate current and past financial positions and the results of the operation of an enterprise, with primary objective of determining the best possible estimates and predictions about the future conditions.
NCERT Book for Class 12 Accountancy - Company Accounts and Analysis of Financial Statements in English PDF. Chapter 1: Accounting for Share Capital. Chapter 2: Issue and Redemption of Debentures. Chapter 3: Financial Statements of a Company. Chapter 4: Analysis of Financial Statement. Chapter 5: Accounting Ratios. Chapter 6: Cash Flow Statement.
TOOLS FOR FINANCIAL STATEMENT ANALYSIS. Points to remember: In comparative statement deviation for current year to previous year is always divided by previous year amount. In common size statement of Profit & Loss take revenue from operation as common base not the total revenue.
FINANCIAL STATEMENT ANALYSIS. Meaning : Financial statement analysis is a systematic process of studying the relationship among the various financial factors contained in the financial statements to have a better understanding of the working and the financial position of a business.
Class 12 Accountancy NCERT Solutions Analysis of Financial Statements. TEST YOUR UNDERSTANDING I. • Fill in the blanks with appropriate word(s). Question 1. Analysis simply means———data. Answer Simplification. Question 2. Interpretation means————-data. Answer Explaining. Question 3. Comparative analysis is also known as—————Analysis.
