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What is financial statement analysis,and on what ground we can identify the present position of a company?

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Question added by ALEX ABRAHAM , CHIEF ACCOUNTANT , AKBAR TRAVELS OF INDIA PVT LTD
Date Posted: 2013/10/16
Mohammed Salim Allana
by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

The FS represent the balance sheet, profit and loss and movement in equity and cash flow statement of the company. One could easiy identify the profit of the company vis a vis previous years and calculate the ROE (return on equity) and also could benchmark against their competitors in the industry.

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