Question

Definition of financial analysis by different authors

Answer 1

Hi friend,

Financial analysis refers to:-

1) the examination of a business from a variety of perspectives in order to fully understand the greater financial situation and determine how best to strengthen the business.

2) process of evaluating the viability, stability and profitability of a business, sub-business or project.

3) evaluating finance-related entities to determine their performance and suitability to company.

Hope it helps!