Afshin Afsharnejad- What Is Financial Statement Analysis and How Does It Work?
The process of reviewing a company’s financial statements for decision-making reasons is known as financial statement analysis. External stakeholders use it to assess an organization’s general health as well as its financial performance and business worth. Internal stakeholders utilize it as a financial management monitoring tool. According to experts like Afshin Afsharnejad, a company’s analysts can only evaluate a portion of the organization’s performance before passing it on to the appropriate management. They must reassure management and push them to take precautionary actions if their analysis predicts serious disruptions in the near future.