FINANCIAL STATEMENT ANALYSIS

Course Objective:
The course deals with the various techniques used to analyze and
interpret the financial statements of business corporations.

Course Contents:
Study of financial statements in the light of generally accepted
accounting principles, analysis of income statement & balance
sheet.
Preparation of financial statement in accordance with the provision
of companies ordinance 1984, and securities and exchange
commission of Pakistan.
Preparation of financial statement, computation of trend,
percentage, common sizes statement, Dollar-size statements, Profit
volume analysis, break even analysis and gross profit analysis,
calculation of variances including mix, final volume nature
purpose and form of ratio analysis, (Relating to Profitability,
liquidity solvency and activity ratios) Cash flow statement, fund
flow statement.

Recommended Books:
 Bernsteim, Leopold A., Financial Statement Analysis,
Homewood, Illinois, Irwin.
 Kennedy, R.D, and McMullen, S.Y., Financial statements
 The Companies Ordinance, 1984 (1985) Published by Labor
Law Times Publications.
 Karrenbrock & Simon, Intermediate Accounting, South-
Western Publishing Company.