M.

Com (ADVANCED ACCOUNTING)

1st SEMESTER

FINANCIAL STATEMENT ANALYSIS

SUBMITTED BY SANA MOHD. WARIS SHAMSI ROLL NO: 02

CERTIFICATE

This Is To Certify That Ms. Sana Mohd Waris Shamsi Of M.Com Advanced Accounting Semester 1st [2012-2013] Has Successfully Completed The Project On FINANCIAL STATEMENT ANALYSIS Under The Guidance Of Ms. Shamim Sayed.

Project Guide

_______________

Course Coordinator

_______________

Internal Examiner

_______________

External Examiner

_______________

Principal

_______________

Date: _______ Place: Mumbai

DECLARATION

I Ms. Sana Mohd.Waris Shamsi the student Of M.Com (Advanced Accounting) 1st Semester (2012-2013), hereby declare that I have completed the project on ANALYSIS OF FINANCIAL STATEMENTS.

The Information Submitted Is True And Original To The Best Of My Knowledge

Sana Mohd Waris Shamsi

(Signature)

ACKNOWLEDGEMENT

I owe a great many thanks to a great many people who helped and supported me for making this project. My deepest thanks to Lecturer, Ms. Shamim Sayed, the Guide of the project for guiding and correcting various documents of mine with attention and care. She has taken pain to go through the project and make necessary correction as and when needed support and guidance. Thanks and appreciation to the helpful people at K.P.B.Hinduja College for their support.. I also extend my heartfelt thanks to my family and well wishers.

TABLE OF CONTENTS
SR NO. 1 2 3
FINANCIAL STATEMENT FOOTNOTES INTRODUCTION ITEMS INCLUDED IN FINANCIAL STATEMENTS

TOPIC

PAGE 1 1 3

4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

REQUIREMENTS PURPOSE OF FINANCIAL STATEMENTS AUDIT IMPLICATIONS FINANCIAL STATEMENT ANALYSIS METHODS OF ANALYSING FINANCIAL STATEMENTS WHO CARRIES OUT ANALYSIS? COMPARATIVE FINANCIAL STATEMENT ANALYSIS COMMON SIZE FINANCIAL STATEMENT ANALYSIS STATEMENT OF CASH FLOWS RATIO ANALYSIS TYPES OF FINANCIAL ANALYSIS LIMITATIONS OF FINANCIAL STATEMENT ANALYSIS THE BENEFITS OF FINANCIAL STATEMENT ANALYSIS THE MAJOR OBJECTIVES OF FINANCIAL STATEMENT ANALYSIS ARE AS FOLLOWS ATTRIBUTES OF FINANCIAL STATEMENT ANALYSIS WHAT IS FINANCIAL STATEMENT COMPILATION? CONCLUSION

6 6 7 8 9 10 11 12 14 16 21 26 31 33 34 36 38

RESEARCH METHODOLOGY

For making this project secondary data was utilized. Due to shortage of time, primary data could not be used. Secondary data such as books, magazines, articles, internet and references were used for making the project.

UNIVERSITY OF MUMBAI

PROJECT ON LIFESTYLE RETAILING WITH SPECIAL REFERENCE TO WESTSIDE

MASTER OF COMMERCE (ADVANCED ACCOUNTING) SUBJECT: STRATEGIC MANAGEMENT SEMESTER I 2012-13

In Partial Fulfillment of the Requirement under Semester Based Credit and Grading System for Post Graduates (PG) Programme under Faculty of Commerce

SUBMITTED BY SANA MOHD.WARIS SHAMSI ROLL NO : 02

PROJECT GUIDE Dr. (Ms.) Rajeshwary G

K. P. B. Hinduja College of Commerce, 315 New Charni Road, Mumbai 400004.

UNIVERSITY OF MUMBAI

PROJECT ON FINANCIAL STATEMENT ANALYSIS

MASTER OF COMMERCE (ADVANCED ACCOUNTING) SUBJECT: ADVANCED FINANCIAL ACCOUNTING SEMESTER I 2012-13

In Partial Fulfillment of the Requirement under Semester Based Credit and Grading System for Post Graduates (PG) Programme under Faculty of Commerce

SUBMITTED BY SANA MOHD.WARIS SHAMSI ROLL NO : 02

PROJECT GUIDE MS. SHAMIM SAYED

K. P. B. Hinduja College of Commerce, 315 New Charni Road, Mumbai 400004.

UNIVERSITY OF MUMBAI

PROJECT ON STANDARD COSTING

MASTER OF COMMERCE (ADVANCED ACCOUNTING) SUBJECT: ADVANCED COST ACCOUNTING SEMESTER I 2012-13

In Partial Fulfillment of the Requirement under Semester Based Credit and Grading System for Post Graduates (PG) Programme under Faculty of Commerce

SUBMITTED BY SANA MOHD.WARIS SHAMSI ROLL NO : 02

PROJECT GUIDE MR. R.B.WANI

K. P. B. Hinduja College of Commerce, 315 New Charni Road, Mumbai 400004.