word "analysis" came into our lives long ago, from the time of ancient Greece.It is a research method of knowledge of a particular process and phenomenon, based on careful study of the components included in the process.
Methods of financial analysis - a program of action aimed at addressing the financial health of the company, its domestic and foreign policy.They are designed to track the current status on the definition of its credit and investment ability.And they help answer the question of how stable and profitable company operates at a particular time.
Methods and techniques of financial analysis in a timely manner identify the weaknesses and strengths of the company.Thanks to this liquidated potential source of economic problems and found new purposes for which the company can make a bet for the future.
All methods of analysis of the financial condition of the company are subject to the same goal: to quickly obtain reliable, extended information about the financial condition of the company.As is known, the production life of the enterprise is full of complex problems and different rapidly changing situations.To organize loyal and reliable financial management need to be aware of all cases occurring in the enterprise.It means to own intelligence: about markets, about suppliers and competitors, the quality of the products, on further looking for.The central point in the coordination of this work is just a financial analysis.It provides an opportunity to respond to all urgent questions about the flow of funds, the quality of management and the situation of the enterprise in the market.
In addition, methods of financial analysis with accurate and timely results are very necessary:
-like financial and other managers for accurate and effective evaluation of the actions and decisions taken;
-aktsioneram, founders and owners of other businesses.To answer their questions related to the return on investment, or the possibility of their losses, to the level of probability of risk capital;
-investoram and lenders, to work closely with the business entity.To confirm the implementation of the investment program and the possibility of repayment of borrowed credit funds;
-kontragentam supplying interested in the timely payment of bills for services rendered or materials.
methods financial analysis includes several stages:
1 stage.Aimed at a general preliminary assessment of the state of finances for the period.
Stage 2.It includes the study of financial stability and solvency.
Stage 3.Explore the creditworthiness and liquidity of the balance sheet.
Stage 4.Analyzes time asset turnover.
5 stage.It aims to explore the potential of possible state bankruptcy.
In his practice techniques of financial analysis is based:
-First, comparing financial data of the reporting period with the base or the planned period.
-Secondly, the use of grouping tables that quickly, clearly give a picture of the individual indicators of financial activities and shows their relationship to other values.
-The Third, the method of mathematical permutations.This approach is replacing the accounting indicator benchmarks allows us to determine the influence of one indicator at a grand total of financial condition as a whole.
-The Fourth, the calculation of financial ratios.They allow you to show how quantitative picture of the financial situation and the dynamics of the chain separately.
