Task Force progress / Board discussions to dateĭecember 2012: The IPSASB discussed whether or not to continue to develop the draft IPSAS, Financial Statement Discussion and Analysis (FSDA), which has been developed from ED 47, into an authoritative standard. Are there essential content elements to include in narrative reporting on financial statements?.What are the main attributes of high quality narrative explanations?.What are the objectives of narrative reporting on financial statements?.Issues the project will consider include (but are not necessarily limited to): March 2008: The IPSASB approved a Project Brief. Personal information may include your IP address, digital identifiers, and your interactions with digital properties.A TBG was formed to assist staff in developing the ED. We and our advertising partners use electronic technologies to collect certain types of personal information through our digital properties in order to provide you with relevant advertisements. They collect information in a way that does not directly identify individuals. These cookies allow us to analyze site usage so we can measure and improve performance. These cookies are required to enable core site functionality. Your choice regarding cookies on this website: Required You may also submit a request via this Do Not Sell My Personal Info link. To opt out of sharing your information for advertising purposes you can choose below under “ Advertising” to opt-out of all or adjust your specific choices. By clicking "Save Settings", you agree to the use of these tools. For more information, please read our Privacy Policy. We, and third parties, use cookies and other electronic tools to enhance your experience, analyze site usage, and deliver advertisements tailored to your interests. Asset Utilization and Activity (Efficiency) Analysis Quantitative Techniques Used in Financial Statement Analysis This Portfolio may be cited as Bloomberg Tax Portfolio 5133-2nd, Glazer and Stevens, Financial Statement Analysis: Quantitative Techniques-Analyzing Liquidity, Profitability, and Asset Utilization (Accounting Policy and Practice Series). Bloomberg Tax Portfolio 5122-2nd, Financial Statement Analysis: Qualitative Techniques (Accounting Policy and Practice Series), describes and illustrates those qualitative techniques. A complete financial statement analysis, however, requires using qualitative techniques to more fully assess an organization’s actual financial position and performance and more accurately forecast the organization’s value. The Portfolio contains numerous examples of questions that various types of financial statement users address during quantitative financial statement analyses. This Portfolio’s Worksheets contain sample disclosures of financial statement information and quantitative analyses. The Portfolio explains and illustrates how analysts employ those techniques to meet the objectives of analyzing an organization’s (1) liquidity or short-term solvency, (2) profitability (which focuses on the organization’s ability to generate revenues and control costs), and (3) asset utilization and efficiency (with particular emphasis on specific operating assets, such as receivables, inventories, and long-term fixed assets). ratio analysis, which allows analysts to examine various relationships among financial statement items and related information.common-size analysis, which helps analysts compare an organization’s financial position and performance with those of other organizations and with industry or sector benchmarks and.trend analysis, which analysts use to identify changes in financial statement and related information within an organization over time.The three major categories of quantitative techniques discussed in this Portfolio are:
FINANCIAL STATEMENT ANALYSIS EXAMPLE SERIES
This work complements Bloomberg Tax Portfolio 5134-2nd, Financial Statement Analysis: Quantitative Techniques-Analyzing Solvency, Price Multiples, and Cash Flow (Accounting Policy and Practice Series), as well as other Portfolios in the Accounting Policy and Practice Series that focus on specific accounting subjects. Bloomberg Tax Portfolio 5133-2nd, Financial Statement Analysis: Quantitative Techniques-Analyzing Liquidity, Profitability, and Asset Utilization (Accounting Policy and Practice Series), explains and illustrates how users of financial statements can employ a wide variety of quantitative techniques to improve the usefulness of the information contained in those statements.