FIN1FSA Financial Statement Analysis

Topic 2

Q3 Organizations often use different formats and terminology to present their financial results. These differences in financial statement formats, classifications and terminology make it difficult to compare performance across organizations, and sometimes to compare performance for the same organization over time. As an analyst in accounting analysis recast the financial statements of this company into a common format, which involves designing a template for the balance sheet, income statement and cash flow statement that can be used to standardize financial statements for any company (hints: please follow the template provided in Tables 4.1-4.4 of your textbook)