Explain the purpose of financial statement analysis


Discussion Post: Accounting

Financial statement analysis is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. Students are required to:

• Explain the purpose of financial statement analysis for both external and internal users.

• Identify and describe three common tools of financial statement analysis.

The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Accounting Basics: Explain the purpose of financial statement analysis
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