Financial Statements Analysis
Analyse financial statements in accordance with the applicable frameworks
Type
Functional
Competency Area
Financial and Transaction Management
Levels
Interpret financial statements and draw insights
Review characteristics of financial statements
Calculate key ratios from a company’s financial statements
Understand implications of key ratios from a company’s financial statements
Appreciate major components of a financial balance sheet
Validate accuracy of financial data in financial statements
Check financial statements to validate accuracy
Calculate ratios for assessing entity’s financial position
Calculate ratios for assessing entity’s profitability
Review financial statements prepared
Review the recognition, measurement, presentation and disclosure of transactions and events within the financial statements
Prepare and interpret performance and position of an organisation using financial statements
Relevant accounting standards and structure of financial statements and make changes accordingly
Evaluate the quality of financial statements
Evaluate whether financial statements have been prepared in accordance with applicable financial reporting frameworks and regulatory requirements
Evaluate the fair presentation of financial statements relative to the nature of the business, the operating environment, and the entity's ability to continue as a going concern
Evaluate the financial performance, position and adaptability based on financial statement