FSA 1

financial statement analysis is

• THE PROCESS OF REVIEWING AND ANALYZING A COMPANY'S FINANCIAL STATEMENTS TO MAKE ECONOMIC DECISIONS TO EARN INCOME IN FUTURE

• THE PROCESS OF REVIEWING AND ANALYZING A COMPANY'S FINANCIAL STATEMENTS TO MAKE BETTER ECONOMIC DECISIONS TO EARN INCOME IN NEXT YEAR

• THE PROCESS OF REVIEWING AND ANALYZING A COMPANY'S FINANCIAL STATEMENTS TO MAKE BETTER ECONOMIC DECISIONS TO EARN INCOME IN FUTURE

• THE PROCESS OF REVIEWING AND ANALYZING A COMPANY'S FINANCIAL STATEMENTS TO MAKE BETTER ECONOMIC DECISIONS TO EARN INCOME IN CERTAIN PERIOD

PURPOSE FINANCIAL STATEMENT ANALYSIS, EXCEPT

• SOURCE OF INFORMATION TO MAKE STRATEGIC DECISIONS OF A COMPANY

• CONSIDERATION FOR INVESTORS COMPANY

• ASSESSING MANAGEMENT PERFORMANCE IN THE CURRENT YEAR

• FIND OUT CHANGES IN THE COMPANY'S FINANCIAL POSITION IN A CERTAIN PERIOD

TYPES OF FINANCIAL STATEMENTS, EXCEPT

• STATEMENT OF CASH FLOWS

• BALANCE SHEET

• INCOME STATEMENT

• STATEMENT OF EQUITY

EMPLOYEES NEED FINANCIAL STATEMENT FOR

• THEY WOULD LIKE TO UNDERSTAND AND KEEP UPDATED WITH THE COMPANY'S FINANCIAL PERFORMANCE

• THEY WOULD LIKE TO KNOW IF THE COMPANY IS DOING AS THEIR BONUS AND INCREMENTS DEPEND ON THE COMPANY'S FINANCIAL PERFORMANCE

• THEY WOULD LIKE TO GO THROUGH THE COMPANY'S FINANCIAL STATEMENTS TO CHECK IF THE COMPANY PAID APPROPIATE TAXES

• THEY WOULD LIKE TO KNOW THE FINANCIAL STATUS OF THE COMPETING COMPANY

USERS IN FINANCIAL STATEMENT, EXCEPT

• RATING AGENCY

• LENDERS

• INVESTMENT ACCOUNTING

• MANAGEMENT OF THE COMPANY