A Study on Financial Statement Analysis of PIPDIC
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Abstract
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Author information unavailable
Abstract
Open-access reader
This study aims to explore the financial statement analysis of Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC). Emphasizing the crucial role of financial decisions in organizational Growth, the accounting department focuses on assessing performance in terms of Profitability and the significance between net incomes and equity. The research relies entirely on secondary data derived from the historical and current performance of PIPDIC, a financial assistance provider to entrepreneurs. The Profit and Loss Statement is projected for the period of 5 years for which the Company has not finalised the financial statements and it is done with the use of Trend analysis percentage. In order to analyze the financial performance of the Organization, the ratio analysis, comparative balance sheet and trend analysis is used. Keywords : Financial Statement Analysis, Ratio Analysis , Comparative Balance Sheet, Comparative Profit & Loss Statement , Trend Analysis and Projected Profit & Loss Statement using Trend Analysis
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This study aims to explore the financial statement analysis of Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC). Emphasizing the crucial role of financial decisions in organizational Growth, the accounting department focuses on assessing performance in terms of Profitability and the significance between net incomes and equity. The research relies entirely on secondary data derived from the historical and current performance of PIPDIC, a financial assistance provider to entrepreneurs. The Profit and Loss Statement is projected for the period of 5 years for which the Company has not finalised the financial statements and it is done with the use of Trend analysis percentage. In order to analyze the financial performance of the Organization, the ratio analysis, comparative balance sheet and trend analysis is used. Keywords : Financial Statement Analysis, Ratio Analysis , Comparative Balance Sheet, Comparative Profit & Loss Statement , Trend Analysis and Projected Profit & Loss Statement using Trend Analysis
Key concepts: Financial statement analysis, Financial analysis, Statement of changes in financial position, Income statement, Balance sheet, Financial ratio, Accounting, Financial statement