COMPARITIVE ANALYSIS OF FINANCIAL STATEMENTS
Comparative analysis is the process of comparing items to one another and distinguishing their similarities and differences. When a business wants to analyze an idea, problem, theory or question, conducting a comparative analysis allows it to better understand the issue and form strategies in response
Our comparative analysis not only enables the management in locating the problems but also help them to put various budgetary controls and corrective measures to check whether the current performance is aligned with that of the planned targets
It assists in judging the profitability and financial soundness of the firm, and to make forecast about future prospects of the firm.