Financial analysis - Essay Example

Only on StudentShare

Extract of sample
Financial analysis

In case of any kind of misrepresentation found in the financial statements, they shall be severely liable for not fulfilling their duties and the responsible individual managers are likely to penalize for not being reliable in dealings with the external parties.
The parties such as banks and financial institutions that are interested to provide funds to the firm and other individuals interested to invest in the firm or often require third parties to attest the financial statements served by the firm for reliance in the information provided.
External audit firms, investment bankers and underwriting firms, provide these certification services. Various clients are served by these third parties and thus they are strongly interested in maintaining their reputation and credibility with the financial community.
The report provided by these third parties serves as reasonable assurance in the true and fair disclosure of information in the financial statements. In case of any discrepancy found in the financial information provided by the firm, the reports on the financial statements shall not be clean. Thus adversely affects the credibility of the firm.
In case of any frau ...Show more

Summary

The firm has contractual and legal obligations with various other bodies, which are also called stakeholders of the firm. The following bodies for their decision-making processes rely upon the financial information provided by the firm.
If the firm is proved to be misrepresenting its financial statements later on, it will lose its confidence in the trust of its stakeholders, on which the whole business of the firm is based and it shall be difficult for the firm to survive for a lengthy period.
Author : fayesporer
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Financial analysis Essay"
with a personal 20% discount.
Grab the best paper

Related Essays

Ford Corporation
Business policy also deals with the acquisition of resources with which corporation goals and visions can be attained. It is the study of the functions and responsibilities of higher management, the substantial issues impacting corporation achievement and decision impacting corporation in long-run (Vlasic, & Bill 19).
4 pages (1000 words) Essay
Financial analysis
ange in the Fund Balance……………………………….8 PART TWO Principal sources of revenue for Ann Arbor VA and the principle uses of this revenue……9 PART THREE Presentation and evaluation of the Budget and Planning System used in Ann Arbor VA….10 PART FOUR Analysis of the Balance Sheet and the Statement of Revenue and Expenses………………12 PART FIVE Discuss the future trends in Healthcare and their impact on Financial Management………14 REFERENCES……………………………………………………………………………..16 APPENDIX…………………………………………………………………………………17 PART ONE 1.0 Strategic Plan
8 pages (2000 words) Essay
The Supply Chain of the Video-entertainment Industry
Name: Instructor’s Name: Course: Date of Submission: Case: ISP Describe the supply chain of the video-entertainment industry. The supply chain of the video-entertainment industry is becoming highly digitalized as a small yet increasing number of consumers are switching from conventional television subscriptions to online video services like Netflix or Hulu.com (Donner, n.pag.).
3 pages (750 words) Essay
Maximizing Financial Returns for Shareholders Business Analysis
The different concepts in business on returns, profits and shareholder investments such as returns on assets and equity will be examined. After an introduction on what financial returns and profitability would mean to shareholders, the different factors that affect profitability and contribute to maximizing shareholder wealth, the examples and evidence of shareholders returns and company policies and strategies will be analyzed.
8 pages (2000 words) Essay
Financial Reporting Essay
Regulatory changes since the 1920s progressively narrowed option for models of reporting, extended the range of companies and entities to be encompassed by consolidate statements, and strengthen the authority of the regularity requirements themselves. R G Walker in his article 'The Influence of Regulation on the Publication of Consolidated Statements states "Many recent contributions seeking to explain why accounting practice is what it is have sought to explain the history of accounting or auditing practices in terms of a narrow set of hypotheses involving only economic variables.
4 pages (1000 words) Essay
Financial and Management Accounting Essay
The contributed article claims that the environmental services of all of Canada's forests can be quantified monetarily and this amounts to a total of ninety three billion dollars. The said services are in the form of climate being regulated which in turn captures and keeps carbon, filters the water and treats the wastes, maintains biodiversity and provides pest control which is undertaken by the birds, among others.
11 pages (2750 words) Essay
Financial Markets Master Essay
In financial practice it is not the question whether it is possible to forecast, but how the future path of a financial time series can be forecasted. Investors were obliged to revise this approach in the past eighteen months, due market crashes and historically high volatility.
9 pages (2250 words) Essay
Financial Analysis of Nokia
Key financial ratios have been calculated from the published financial statements to assess the relative performance of the Company. The financial strength of a company can be assessed by studying the way in which the company has managed the various components of its working capital such as accounts receivables, inventory and cash.
6 pages (1500 words) Research Paper
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT