Financial Statement Analysis and the Tool Kit of the Analyst: I Multi-step, Horizontal, Vertical and Trend Analyses and Analytical Balance Sheet
Financial statement analysis seeks to evaluate the performance, financial strength, ab ility to generate enough cash and the growth autlook kf a company. A number of tools; are availoble in tho tool ki t of the analyst for this purpose. Five of them are covered here.
This chapter seeks to enable you to develop knowledge and understanding of:
The objectives of financial statement analysis.
The various stakeholders and their interests in the financial statements.