final research (2).docx - A STUDY ON RELEVANCE OF FINANCIAL STATEMENT Research proposal SAPANA UPRETY 11701777 Executive Summary Land labour capital and

final research (2).docx - A STUDY ON RELEVANCE OF FINANCIAL...

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A STUDY ON RELEVANCE OF FINANCIAL STATEMENT Research proposal SAPANA UPRETY 11701777
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Executive Summary Land, labour, capital and entrepreneurship are the 4 pillars of any organization. Out of these 4 factors, Capital is the most key factor as to have lands or to have adequate and required workforce or to apply strategies of entrepreneurship to take business ahead capital or finance is needed. Any sole proprietorship, partnership and joint stock business houses use majority of resources such as land, workforce, government aids, legal support etc. thus it is very important for the organizations to show their performance report to the concerned parties who have some or other form of interest in the organization. For ex- Employees need to know profit for their increment, government needs to know profit for taxation etc. Considering these facts various accounting standards and guidelines were issued over last 50 years. Today these organizations are preparing position statement (balance sheet) and income statement (Profit and Loss Account) as per those standards to show the parties interested in business performance (otherwise called as stakeholders). Over the periods, experts in finance came to know various loopholes in traditional accounting concept and conventions which are still followed. Even changes were made in reporting standard but still these statements are not sufficient to answer the questions of various parties more importantly the parties outside organization who don’t have access to detail accounting records. This is the reason why experts suggested to do further analysis of statements to get better result through various tools and techniques. This we know as “Financial Statement Analysis”. In this report, we are going to understand the importance of financial statement analysis. We will also investigate the fact that how far such analysis can help us to understand performance and position, will it be sufficient to take decisions? These are the important questions to be studied. This research is based on a descriptive study research method. And the next is survey method for this research study to obtain stakeholder’s opinion and experience about financial statement analysis in their decision-making process. This research study involve both primary and secondary data collection method. For this purpose of study, only quantitative data is taken, and we applied convenient sampling technique
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Table of Contents 1) Introduction ………………………………… ................................................. 1 2) Research problem and research objective…………………………….…… .... 2 2.1 Research problem………………………………………….……………...2 2.2 Research aim and objective………………………………….……………2 2.3 Research question……………………………….……………………...…2 3) Literature review ……………………………… .............................................. 3-6 4) Research design and methodology…………………………………… .............. 7 4.1Type of study and research method……………………………………….7
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