Economic and Financial Analysis in the company of construction materials in Las Tunas
This paper shows an economic analysis – in Financial Construction Materials Company located in the municipality of Las Tunas, it is of great importance for the province to the country for the products they offer and the services it provides.
The situation analysis was made on economic and financial data from financial statements of 2005, compared with the year 2004, assessing different rates as the reasons of liquidity and activity.
This research was conducted in two chapters: Chapter 1 Theoretical Basis, Chapter 2 Financial Analysis. And concluded that the company works efficiently in the year being analyzed but still some shortcomings which are focused towards recommendations to improve performance and progress in the ongoing struggle to achieve economic efficiency.
Introduction
Accounting has the task of providing data to the management to undertake the planning, administration and management, in addition to information to all users, both internal and external. The importance of accounting data has taken on greater weight as they have refined the theories of scientific management, which requires a flow of truthful and accurate information. The information is therefore a powerful tool of management. The intelligent use of this information will probably only be achieved if decision makers in companies understand the essential aspects of the accounting process, which ends with a final product, the financial statements and analysis of such states, to know the reality behind that information.
“… We stand for socialism can only be sustained with a state company as strong and effective as the best private companies. “
Given the above background, and the extraordinary importance of financial analysis: Is it economically efficient financial management of the Building Materials Corporation of Las Tunas?.
For a solution to the problem was to assess the economic situation of the firm of Building Materials of Las Tunas, based on indicators of liquidity and activity. The correct use of information provided by financial statements to assess the efficiency of economic management of the firm.
The work is structured as follows:
Chapter 1 Theoretical Basis: the concepts of analysis, techniques, methods of analysis and reasons such as liquidity and activity.
Chapter 2 Financial Analysis of Enterprise Construction Materials of Las Tunas: refers to the calculation and analysis of financial reasons.
Tags: economic analysis, Financial Analysis Topics:
Filed under Financials :
Comments (0) :
May 13th, 2009