A clear example of how financial management is put into practice is the preliminary analysis of financial statements. This task is just one of the many that ensure the financial health of the company and it is possible to carry it out by combining two tools:
Horizontal or variation analysis : determines the absolute and relative variation that an account has experienced within a particular period of time, and with this you can visualize the current benin phone data behavior of the company, compared to the previous period.
Vertical or percentage analysis : determines how much each account represents in relation to the total in a specific period of time. It allows us to observe how representative they are in the financial statements and if they are properly distributed based on the operational and financial needs of the company.
Both solutions provide a complete overview of the business conditions, as well as information that facilitates effective decision-making.
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