A STUDY ON ANALYSING THE FINANCIAL STATEMENTS OF SONY TEXSPARES INDUSTRIES COIMBATORE USING COMPARATIVE BALANCE
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Date
2019-06-10
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International Journal Of Research And Analytical Reviews (IJRAR). An International Open Access Journal
Abstract
The present study aims to analyze the financial statements of a business. The comparative balance sheet is prepared by comparing the differences between the values of balance sheet of two years of the company. This gives a view on the improvement and progress of the company and helps the company to take necessary steps in improving the weaker areas of the company. The percentage of increase and decrease is calculated to assess the company's improvement and deprovement.
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Keywords
Financial statements, Progress