EXAM ALERT : Exams on 4th and 5th May,2013 postponed for some centers in Karnataka

Papers Postponed -

Group – 1, Paper 2, Strategic Financial Management

{Final Examination}

&,

Group – 1, Paper – 2, Business Laws, Ethics and Communications

{Intermediate/Integrated Professional Competence}

 

Centers Affected -

Bangalore, Belgaum, Bellary, Hubli, Mangalore, Mysore and Udupi

centre(s)

{For other cities scheduled is unchanged}

 

Dates on which postponed exams are

Re-scheduled -

18th May and 17th May 2013

 

Click

HERE

to read the concerned Notification dated 25th March, 2013

RTP : IPCC November 2012–Download Links

Group 1

Paper 1 – Accounting

Paper 2 – Business Laws, Ethics and Communication

Paper 3 – Cost Accounting & Financial Management

Paper 4 – Taxation

Group 2

Paper 5 – Advanced Accounting

Paper 6 – Auditing and Assurance

Paper 7 – Information Technology and Strategic Management

Importance of Financial Statement Analysis

In a nutshell, the objective of financial analysis is a detailed cause and effect study of profitability and financial position. Financial Statement Analysis and Interpretation is vital due to following reasons -

• Estimation of future earning capacity along with computation of present earning capacity
• Inter Firm Comparison
• Determination of short as well as long term solvency of the firm
• Finding out overall and department-wise efficiency of firm on the basis of available financial information 
• Assessing development in future by making forecasts and preparing budgets
• Focusing the attention on general financial strength of the business enterprise

Financial Analysis - Meaning and Objects

Financial Analysis - Meaning and Objects

Financial Statements Analysis is largely a study of Relationship among the various financial factors in a business as disclosed by a single set of statements and a study of trend of these factors as shown in a series of Statements 

The Objects of Financial Analysis are as follows :

• To find out financial stability of a business concern
• To assess the earning capacity of the firm
• To estimate and evaluate the stock and fixed assets of the concern
• To assess the firm's capacity and ability to repay short term and long term loans
• To expect about the administrative efficiency of the management of the business concern
• To estimate and examine the possibility of future growth of business