Tools for Analysing Financial Statements

Tools for analysing financial statements are essential for accountants to evaluate a company’s financial health and performance effectively. Financial data is of little to no use without advanced analytical skills. Accountancy isn’t only about producing data and reports but also about knowing how to work with the data gathered using various Financial Analysis Tools. Financial analysis refers to a series of processes whereby the past, current, and future financial performance of the business are considered. Reports are produced to indicate successes, shortcomings, and how to improve performance going forward. For greater accuracy and overall productivity, accountants implement various methods and techniques of tools for analysing financial statements. However, their value can only be extracted by those who know exactly where, when, and how to use them properly.

Get certified by an approved CPD provider.

This tutorial focuses on the Financial Analysis Tools and their value in contemporary corporate accountancy. Along with an introduction to a series of key tools for analysing financial statements, the content covers data analysis methods, how to work with annual reports, producing charts and graphs, using ratios for decision-making, and identifying high- and low-risk companies.

Accredited training for real-world success.