Financial analysis is analysis of financial statements of a company to assess its financial health and soundness of its financial management. “Financial Statement Analysis” involves a study of the financial statements of a company to ascertain its prevailing state of affairs and the reasons therefore. Such a study would enable the public and investors to […]
Analysis of Financial Statements: 4 Steps | Accounting
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Cash Flow Statement: Problems and Solutions | India | Accounting
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Here is a compilation of top three problems on cash flow statement with its relevant solution. Problem 1: Given below are Balance Sheets of Calcutta Jute Ltd. as at 31 -3-02 and 31-3-01. You are required to prepare Cash Flow Statement for the year 2001-02. Other Information: (1) Fixed assets costing Rs.1, 20,000, accumulated depreciation […]
Preparation of Financial Statements | Company
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The latest regulations regarding preparation of financial statements issued by IRDA are: 1. Cash Flow Statement (Common for All Insurers): Insurers will in addition to the earlier statutory and subsidiary books of accounts and statements, will have to prepare a receipts and payments account (cash flow statement). This statement must be prepared in accordance with […]