Question

Write about the four techniques of financial statement analysis.

23 Sep 2020
Answer :
Word Count : 342

The four techniques of financial statement analysis are-

1. Comparative Statements

Comparative statements deal with the comparison of different items of the Profit and Loss Account and Balance Sheets of two or more periods. Separate comparative statements are prepared for Profit and Loss Account as Comparative Income Statement and for Balance Sheets.

As a rule, any financial statement can be presented in the form of comparative statement such as comparative balance sheet, comparative profit and loss account, comparative cost of production statement, comparative statement of _________ ________ ____ ________ _____ _______.
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