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Common-size Analysis
• Prepare a Common-size Analysis for the Balance Sheet and Income Statement
• This should include about 12 accounts in the Balance Sheet and about 10 Income Statement accounts.
o Choose major accounts that would be important.
o I recommend you look at the accounts in Hoovers Business Records for your company to find major accounts.
• Format your graphs so they can be read. You may need more than one graph if it is too crowded.
ON THE BASIS OF TIME • Long term budget : as per the National Association of Accountants, America, a long term budget is a systematic and formalized process for purposeful co
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