Financial statement analysis is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity.There are generally six steps to developing an effective analysis of financial statements

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Analyzing Financial Statements

Financial Performance

Users of Financial Statement Analysis

Financial analyst

Terms and Definitions

A Problems with Financial Statement Analysis

balance sheet

income statement

financial accounting and ratios

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