Financial analysis is often used by investors and prepared by professional ( financial analyst ) to provide them with a basis for investment decisions. Financial institutions ( Banks and other loan companies ) use them to decide whether to provide new operating funds to the company or provide debt securities ( such as long-term bank loans or bonds ) to fund expansion and other major expenditures. Shareholders may from time to time ask for an understanding of how to manage equity, which can be provided through financial statements ( or stock statements ), because it is in the shareholders’ economic interest to confirm that equity is properly, feasible, and carefully handled.
[3] Consolidated financial statements International Accounting Standards define advertising phone number data consolidated financial statements as “ the presentation of the assets, liabilities, equity, income, expenses and cash flows of the parent company and its subsidiaries as a single economic entity Group's financial statements ”. Accounting Standard No. 27 “ Consolidated and Separate Financial Statements ” and International Financial Reporting Standard No. 10 “ Consolidated Financial Statements ”.
[4] [5] Government Please also refer to: Foundation accounting The rules for recording, measuring and presenting government financial statements may be different from those required by enterprises or even non-profit organizations. They can use either of two accounting methods: accrual accounting or cost accounting, or a combination of the two. A complete chart of accounts is also used, which is very different from the chart of profit-oriented business.