Analysis and Use of Financial Statements SONDHI WHITEDownloadable Guide PDF. When the financial information is input correctly, the spreadsheet can generate meaningful financial reports to assist the bank in its analysis of the financial condition of the company. Reports which result from banks' financial statement analysis include, but are not limited to:. It provides the banking industry with reliable, accurate benchmarking figures including balance sheet and income statement line items, and financial ratios. All of that starts with a standard, uniform way of spreading of financial statements. If your institution is interested in contributing financial statements for the Annual Statement Studies, please contact Shea Scarpa, Manager, sscarpa rmahq.
The Analysis and Use of Financial Statements, 3rd Edition
You are currently using the site but have requested a page in the site. Would you like to change to the site? Gerald I. White , Ashwinpaul C. Sondhi , Dov Fried. Co-written by academics and practitioners, this is the only text that teaches students to first understand how financial statements are generated. Principles of analysis are then illustrated through the extensive use of actual corporate financial statements.
Financial statement analysis or financial analysis is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement , balance sheet , statement of cash flows , notes to accounts and a statement of changes in equity if applicable. Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments.