Financial Statements, Reclassification, and Ratio Analysis


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Financial Statements, Reclassification, and Ratio Analysis
Financial Statements, Reclassification, and Ratio AnalysisAnnual reporting is compulsory for many organizations and is needed as a mean to communicate the financial situation to the external interested parties. Such communications are requested by law, and reports are prepared according to standards that can vary between countries. Reporting is not only needed to comply with regulations, but is also a fundamental tool for management to understand the situation and create action after data analysis. This is why there can exist two different reporting documents; the external, official, standardized reporting, and an internal reporting based on ad hoc structures, used internally for data analysis.All documents are based on data collec…
Citation
Gabriele Zini: Green Electrical Energy Storage: Science and Finance for Total Fossil Fuel Substitution. Financial Statements, Reclassification, and Ratio Analysis, Chapter (McGraw-Hill Professional, 2016), AccessEngineering Export