Analysis of Financial Condition as a Method of Assessing the Financial Activities of the Organization

Abstract

The main purpose of financial analysis as a method of assessing the financial activities of the organization is to obtain significant and most informative indicators that provide an objective description of the financial condition of the organization, its profits and losses as well as changes in the structure of assets and liabilities and settlements with debtors and creditors. Analysis of financial condition is to effectively forecast, which was built with the near or distant future.