Tuesday, November 18

Steps of financial statement analysis and other data sources

Steps of financial statement analysis framework
  1. State the objective and context
  2. Gather data
  3. Process the data
  4. Analyze and interpret the data
  5. Report the conclusions or recommendations
  6. Update the analysis

Other data sources available

  • Proxy statement
  • Corporate reports and press release
  • Trade journals
  • Statisticsal reporting services
  • Government agencies

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