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Written by:
Thelma C
Date added:
April 11, 2016
Level:
University
Grade:
A
No of pages / words:
13 / 3582
Was viewed:
5339 times
Rating of current essay:
Essay content:
Financial statement analysis involves rearrangement of financial information, comparison, analysis and interpretation of that information.
Financial statement analysis can be external or internal; horizontal or vertical; and intra-firm or inter-firm.
Analysis done by the management to assess the financial health of the organization and its operational efficiency is called internal analysis...
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Analysis carried out by parties external to the organization such as investors, credit rating agencies, government agencies etc. is called external analysis. Horizontal analysis compares financial data over a number of years to analyze the trend. Vertical analysis is based on the financial data of a particular year...
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