The Usefulness of Financial Statements in Making Financial Diagnosis

Mitica Pepi ()
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Mitica Pepi: Ovidius University of Constanta

Ovidius University Annals, Economic Sciences Series, 2016, vol. XVI, issue 2, 583-588

Abstract: Our research aims to develop an analysis of the usefulness of financial statements and financial investment in making the diagnosis. Financial analysis is by definition an activity that performance condition is diagnosed entity of the financial year. Financial analysis shall be determined by strengths and weaknesses of financial management based on which will underpin future strategy of the entity to maintain and develop it into a competitive environment. Results of financial analysis depends on the quality, accuracy, relevance and effectiveness of economic information collected and processed. The primary sources of information for financial analysis are the financial statements, which are considered as raw material in the analysis.

Keywords: investment diagnosis. financial diagnosis; financial statements; balance; financial solvency ratio (search for similar items in EconPapers)
JEL-codes: G32 G39 M41 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xvi:y:2016:i:2:p:583-588

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