THE COMPUTERIZATION OF FINANCIAL STATEMENTS AND THE ANALYSIS

Abstract

Every company tries to know their financial position. This after being known would help them to make policies of how to meet their various obligations arising from their day-to-day transactions. There is no doubt that a firm that fails to know its financial strength has dug its own grave. Such type of firms would not be able to know the position of the firm vis-a-vis liquidity. In this project work, the importance of knowing the financial position of a firm and how it affects the particular firm and others have been duly studied. For clear understanding, the best method among the tools of financial statement analysis has been chosen to demonstrate how financial statements analysis is effected vis-a-vis ratio analysis. A basic program has been written. Basic is simple to understand such that a careful study of it even by a layman would be easily understood.