Closing Procedures, Financial Statements and Financial Analysis

Adriana Duţescu ()
Additional contact information
Adriana Duţescu: Bucharest University of Economic Studies

Chapter Chapter 10 in Financial Accounting, 2019, pp 261-293 from Springer

Abstract: Abstract Chapter 10 “Closing procedures, Financial Statements and Financial Analysis” makes a concise and comprehensive overview of the closing procedures of the entity, the possible post-trial balance adjustments and the analysis of the financial statements. The chapter is providing examples according to IFRSs and Romanian Accounting Standards. After the theoretical presentation of each aspect, an original example with the necessary explanations, journal entries and presentation of the impact on the financial statements follows. The main financial ratios (classified as liquidity, leverage or financing, efficiency or activity and market ratios) are computed (including the workings to show how the formula has been applied) for two consecutive years on a complex set of financial statements. The results are commented and possible justifications for the obtained figures are provided. Attention is given to the links between the ratios. The chapter concludes with summary questions, quizzes, exercises and case studies.

Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-29485-4_10

Ordering information: This item can be ordered from
http://www.springer.com/9783030294854

DOI: 10.1007/978-3-030-29485-4_10

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().