Solution-Type of analysis that is often performed by

Type of analysis that is often performed by companies

Assignment Help Accounting Basics

Reference no: EM13838274

One type of analysis that is often performed by companies, but is not covered in the text is a trend analysis. Using the data obtained from a vertical analysis a company will identify an area of concern. For example, if they believe that their temporary personnel are higher than expected one month, they may decide to monitor it more closely going forward. Thus they will perform a trend analysis by looking at what is being spent month over month to determine if this was a one time spike or if there is an underlying reason that is causing the amount to be higher this period. This is often how mistakes in accounting are discovered. What are your thoughts?

Have you ever considered other ways that you may be able to use these analyses, such as in your personal life or work environment?horizontal analysis and vertical analysis

Reference no: EM13838274

Questions Cloud

Which had no light source : which had no light source

Prepare a report commenting on financial health of jb hi-fi : You are a member of a large accounting firm which provides various business consultancy services including financial statement analysis. Prepare a report commenting on the financial health of JB Hi-Fi in the past two (2) years.

Write expressions for the number m of edges in the network : Let A be the adjacency matrix of an undirected network and 1 be the column vector whose elements are all 1. In terms of these quantities, write expressions for: a) the vector k whose elements are the degrees ki of the vertices; b) the number m of edg..

Why medical errors occur and the best prevention methods : Critique the following article. This article covers why medical errors occur and the best prevention methods. The critiqued article should include th following: An introduction

Type of analysis that is often performed by companies : One type of analysis that is often performed by companies, but is not covered in the text is a trend analysis. Using the data obtained from a vertical analysis a company will identify an area of concern.

How should they solve the dispute : Both are large organisations dependant on public funding to support their research efforts. It would not be good for business if they were seen to be having a fight in public about this. How should they solve the dispute?

What is the percentage by mass of hydrogen in hydrocarbon? : What is the percentage by mass of hydrogen in Hydrocarbon?

What percent of the class attended a picnic : A class of 80 is 25% girls. if 10% of the boys and 20% of the girls attended a picnic , what percent of the class attended?

Find the values for the function : Find the following values for the given function . (f-g)(3)= (fg)(3)=

User Account

All Pages

Type of analysis that is often performed by companies

Reference no: EM13838274

Reference no: EM13838274

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT