HOW ANALYZING FINANCIAL STATEMENTS CAN ASSESS A BUSINESS’S PERFORMANCE

Abstract

Business administration in the process of financial statement have highlighted the increasing range of competition in association with the economic security. The part of analysis has administered the statistical analysis of the security management comprising of income statement, balance sheets and the cash flows respectively. In addition to that, the rate accountability has demonstrated the business ideologies in geniting surplus amounts of funds. The study reflects that the business sectors have achieved a market growth of USD $181.69 billion in 2020 and USD $256.74 billion 2021 in accordance with understanding the business strategies. Relatively the connected models are based on financial protocols that helps in determining the course of substantial income value. The aim of the study is based on the evaluation of the importance relating to the financial statements in monitoring the business performance. Moreover, the possible outcomes in administering financial statement in business growth and the source of monetary policies have verified the relaxational elements significantly. The study was conducted based on the SPSS analysis followed by descriptive analysis, correlation, regression and ANOVA. Research findings have stated that the minimum measurement of quality of the education is 2.0 and the maximum value is 4.0. it has been discussed that the feasibility of the research increases with an increase in the monetary values. The effectiveness of the various sources of monetary policies are measured with the help of balance sheets.