Financial statement analysis

Author(s)	Ms. DEVADHARANI R, Ms. GAYATHRI V, Ms. GANGA C, Mr. HAJA MYDEEN A, Mr. MAYILVAGANAN R
Country	India
Abstract	The financial statements are prepared by certain accounting conventions and principles. Accounting itself is a dynamic science, and accountants have developed, from time to time, a number of conventions on the experiences. Even though a number of conventions and assumptions have been propounded in accountancy, their use is affected by the personal judgment of accounts. The financial statements are affected by the personal judgment of accountants and such as they are subjective documents. The company should increase sales volume as well as gross profit. Despite price drops in various products, the company has been able to maintain and grow its market share to make strong margins in market, contributing to the strong financial position of the company.
Keywords	Accounting Conventions, Financial Statements, Personal Judgment, Subjectivity in Accounting, Dynamic Science, Gross Profit, Sales Volume, Market Share, Financial Performance, Profitability, Accounting Principles, Financial Position, Pricing Strategy.
Field	Business Administration
Published In	Volume 7, Issue 3, May-June 2025
Published On	2025-06-13
DOI	https://doi.org/10.36948/ijfmr.2025.v07i03.48023
Short DOI	https://doi.org/g9qqdf

About IJFMR Fees & Payment Current Issue Publication Archive	Submit Research Paper Track Submission Status Publication Guidelines Publication Ethics Peer Review & Plagiarism	Join as a Reviewer Editors & Reviewers Reviewer Referral Program Get Reviewer Membership Certi.	Website/Journal Policies Usage Policy Content Policies Privacy Policy

Contact Us		+91-9687-828-838	editor@ijfmr.com

International Journal For Multidisciplinary Research