Uses and Benefits of Financial Statements

Essay from the year 2017 in the subject Business economics - Investment and Finance, grade: 1,0, Post University, course: Financial Statement Analysis, language: English, abstract: The following paper will introduce the uses and benefits of financial statements. In doing so the paper will first introduce the different elements of a financial statement. In a next step the paper will establish how financial statements can be used in financial modeling and how the useful basis for an encompassing analysis. The paper will conclude with the observation that a financial statement provides a transparent insight into the economic positioning of an organization that allows investors and managers alike to act economically efficient.