Financial Analysis - 4th expanded edition

The author explains very clearly how to work with the basic accounting statements (balance sheet, profit and loss statement and cash flow) in the preparation of financial analysis, what methods can be used in business practice. Emphasis is placed on the most widely used method, namely ratio analysis. The publication provides a practical, comprehensive example that shows how to work with the data, what can be learned from it and highlights potential pitfalls. It also demonstrates that the analysis can be processed using commonly available software. The publication is intended for the general business public, as both small and large companies need to know their real financial situation in the current competitive environment for healthy functioning.