Analyzing financial statements involves evaluating three characteristics.
- Liquidity
- Profitability
- Solvency
Need for comparative analysis
- Intra-company basis
- Industry averages
- Inter-company basis
Tools of analysis
1.Horizontal analysis evaluates a series of financial statement data over a period of time.
2. Vertical analysis evaluates financial statement dat
Order of the financial statements presented: which one is presented first
The order of the financial statements presented is follow
1. Statement of Financial Position
2. Statement of Comprehensive Income
3. Statement of Changes in Equity
4. Statement of Cash Flows
5. Notes
Two-statement or one-statement approach for the statement of comprehensive income whether the statement of income is p
Concept
Financial statement analysis (or financial analysis) is the process of understanding the risk and profitability of a firm (business, sub-business or project) through analysis of reported financial information, particularly annual and quarterly reports.
Analyzing financial statements involves evaluating 3 Characteristics – a company’s liquidity, Profitability, and solvency.
Financial Statement 분석
i. Income statement, Balance Sheet, Key Financial Ratio
본 파트에서 제시하는 AMOREPACIFIC의 Income Statement, Balance Sheet, Key Financial Ratio수업시간에 다룬 기업 분석에 필요한 재무제표의 계산 방식과 내용을 토대로 AMOREPACIFIC사의 최근 4년간(2006년부터 2009년까지)의 재무제표를 이용하여 작성한 자료
The Purpose of Financial Statement
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미래의 현금흐름에 대한 정보제공
- 재무제표는 투자자, 채권자 및 기타 정보 이용자들이
The Purpose of Financial Statement
-재무제표란 회사의 재무활동을 측정하여 기록 요약한 회계보고서로 회사의 성적표.
정보이용자의 의사결정에의 정보제공
-재무제표는 투자자, 채권자 그리고 기타 재무제표 이용자들의 합리적 의사결정을 하는데 유용한 정보를 제공하는 것을 목적으로 한다.
미
Financial statement analysis
1. Balance sheet analysis
1.1 요약 대차대조표 (단위:백 만원)
2008년 자산이 예년에 비해 증가하였는데 단기투자자산과 유형자산의 증가가 눈에 띈다. 유형자산의 증가는 사업확장을 위한 토지와 건물의 증가가 이유로 보여진다. 홈쇼핑회사는 제품
financial statements.
The impact of IFRS on the financial statement can be summarized as follows: (only the accounts that has been changed by the adoption of the IFRS is stated)
The statement of financial position
as of 1 JAN 2008 (transition date) (in number of thousands of won)
accounts K-GAAP Effect of the adoption of the IFRS K-IFRS
Investment on subsidiaries 6,553,113 397,357 6,950,47
Capitalized interest
K-IFRS : disclosed on notes.
Business Accounting Standard 1101 : selective exemption of accounts.
KT&G doesn’t record capitalized interest on financial statements.
‘fair level’ : KT&G followed well the standards of IFRS, have adopted them clearly and without problem.
Analyzing the financial statement of KT&G, the accounting policies were following
the
financial statements based on K-IFRS.
KPMG Samjung Accounting Corporation audited the accompanying non-consolidated balance sheets of KT&G Corporation as of December 31, 2008 and 2007, and the related non-consolidated statements of income, appropriation of retained earnings, changes in equity and cash flows for the years then ended. As presented in the 2008 Annual report, KPMG Samjung suggests