finance 101 | financial analysis #education #finance #mba

accounting systems and financial statements and reports are wonderful things, but they aren’t worth the software they’re built from, nor the paper they’re printed on, if no one analyzes and interprets them. numbers by themselves mean nothing. numbers with context and justification mean everything. the whole point of preparing financial forecasts and budgets is to attempt to predict future performance while creating baselines by which you can compare actual results.

if results you experience are as predicted, terrific — you’re right on track toward your goals. if the actual results are significantly less or significantly more than predicted, however, it’s time to look for the sources of these variances. here are some ways that you can analyze your company’s performance against expectations.

Видео finance 101 | financial analysis #education #finance #mba канала selfLearn-en