Financial statement analysis
CODE: BBA 1002
FINANCIAL STATEMENT ANALYSIS
ASSIGNMENT
NAME:ANG KOK SENG
I/C NUMBER:910420-10-5945
H/P NUMBER:+6012-7895400
STUDENT ID:201059
NAME OF LECTURER:MR. LOH YONG CHIANG
SUBMISSION DATE:2nd OCTOBER 2011
SEPTEMBER 2011 SEMESTER
ASSIGNMENT QUESTION:
Compare Cash Flow statement and Balance sheet. Describe the accounting process in preparing a balance sheet. How are balance sheet and Accounting equation related and what is T account?
Describe the steps in analyzing financial statement and explain the followings
Adjusting Entries
Accrued Revenue & Expense
Depreciation
CONTENTS
NO CONTENTS PAGE
1.0 Contents Page 3
2.0 Introduction
2.1 Definition and explanation of Financial Statement Analysis
2.2 Advantages of Financial Statement Analysis 4-6
3.0 Compare Cash Flow statement and Balance sheet. 7-8
4.0 Describe the accounting process in preparing a balance sheet 9-15
5.0 How are balance sheet and Accounting equation related
5.1 What is T account? 15-18
6.0 Describe the steps in analyzing financial statement and explain the followings
Adjusting Entries
Accrued Revenue & Expenses
Depreciation 18-23
7.0 Conclusion-How Financial Statement can help to the company? 24-26
8.0 References 26
9.0 Coursework 27-29
INTRODUCTION
2.1financial statement
Definition and Explanation of Financial Statement Analysis:
Financial statement analysis is defined as the process of identifying financial strengths and weaknesses of the firm by properly establishing relationship between the items of the balance sheet and the profit and loss account.
There are various methods or techniques that are used in analyzing financial statements, such as comparative statements, schedule of changes in working capital, common size percentages, funds analysis, trend analysis, and ratios analysis.
Financial statements are prepared to meet external reporting obligations and also for decision making purposes. They play a dominant role in setting the
FINANCIAL STATEMENT ANALYSIS
ASSIGNMENT
NAME:ANG KOK SENG
I/C NUMBER:910420-10-5945
H/P NUMBER:+6012-7895400
STUDENT ID:201059
NAME OF LECTURER:MR. LOH YONG CHIANG
SUBMISSION DATE:2nd OCTOBER 2011
SEPTEMBER 2011 SEMESTER
ASSIGNMENT QUESTION:
Compare Cash Flow statement and Balance sheet. Describe the accounting process in preparing a balance sheet. How are balance sheet and Accounting equation related and what is T account?
Describe the steps in analyzing financial statement and explain the followings
Adjusting Entries
Accrued Revenue & Expense
Depreciation
CONTENTS
NO CONTENTS PAGE
1.0 Contents Page 3
2.0 Introduction
2.1 Definition and explanation of Financial Statement Analysis
2.2 Advantages of Financial Statement Analysis 4-6
3.0 Compare Cash Flow statement and Balance sheet. 7-8
4.0 Describe the accounting process in preparing a balance sheet 9-15
5.0 How are balance sheet and Accounting equation related
5.1 What is T account? 15-18
6.0 Describe the steps in analyzing financial statement and explain the followings
Adjusting Entries
Accrued Revenue & Expenses
Depreciation 18-23
7.0 Conclusion-How Financial Statement can help to the company? 24-26
8.0 References 26
9.0 Coursework 27-29
INTRODUCTION
2.1financial statement
Definition and Explanation of Financial Statement Analysis:
Financial statement analysis is defined as the process of identifying financial strengths and weaknesses of the firm by properly establishing relationship between the items of the balance sheet and the profit and loss account.
There are various methods or techniques that are used in analyzing financial statements, such as comparative statements, schedule of changes in working capital, common size percentages, funds analysis, trend analysis, and ratios analysis.
Financial statements are prepared to meet external reporting obligations and also for decision making purposes. They play a dominant role in setting the
References: December 31, 2009 and 2010 Format