Schemes of Accounting, Finance & Control
-> DEF: It’s a process that companies apply in order to understand the real performance of the company by comparing it with other companies in the industry. “The continuous process of measuring its own products, services, practices against the toughest competitors or those companies recognized as industry leaders”. (Camp, 1989) -> DEF: comparison of two […]
-> Once we gathered all the data, we can analyze the company from different perspectives. -> Whenever we have the consolidated financial statements, we have the “aggregated information”, so we need to be able to take decisions. => DEF: Segmental analysis provide further information that will allow us to take informed decisions. Ex. Segmental analysis
Segment Analysis Leggi tutto »
-> DEF: set of statements that presents (consolidates) a parent and subsidiary company as one company. -> CONSOLIDATED FINANCIAL STATEMENT combines a set of financial documents (🔻) of separated legal entities that are controlled by a parent company (hence a group) and present them as unique entity (it’s the external accountability for a group). ⚠PROBLEM⚠:
-> DEF: process of selecting, evaluating and interpreting financial data, along with other pertinent information. -> it: -> OBJ: formulate an assessment of a company’s present and future financial condition and performance. -> Fundamental numbers: -> INPUTS: -> Financial Analysis requires: 1.1)Source Selection and Data “Triangulation” ❓ What data we have? -> FINANCIAL DISCLOSURES (traded
FINANCIAL ANALYSIS: Leggi tutto »
