Financial Ratio Analysis of Firms: A Tool for Decision Making
Y. A. Babalola and
F. R. Abiola
International Journal of Management Sciences, 2013, vol. 1, issue 4, 132-137
Abstract:
Financial analysis is a specialty in accounting that aimed at formulating a diagnosis and a prognosis relative to the situation and the financial performance of a company or an organization. This article is to present primarily the relationship between financial analysis and accounting, and the fundamental role which accounting holds, through the information it produces, into analysts work. The research method is the bibliographic one, being studied timely books and articles of the domain. Literature does not provide concrete answers to this problem, resolutions being expected especially from practitioners.
Keywords: Financial Statement; Ratio Analysis; Firm Performance and Decision Making (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (7)
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