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Yes. And also non-automated financial analysis for NPOs.
But there is a way to use computers/expert systems for financial analysis for both for-profit and not-for-profit financial analysis. Sageworks makes a program called "ProfitCents for Non-profits" that does just that. Just enter your financial information from your NPO into the program and a narrative text report is generated.
https://www.profitcents.com/USEN/sampleinformation.aspx?report=nonprofit
What else can I help you with?
Is there software for Non-profit financial analysis?
Yes there is software that will allow you to perform nonprofit financial analysis. It's called ProfitCents and can be found at www.profitcents.com. The ProfitCents for Nonprofits report is designed to analyze nonprofit organizations. Included in the report is narrative text, graphs, ratio analysis, and peer comparisons. Accountants use this report for presentations to nonprofit managers, board members, or leaders who understand how to run an NPO, but who may not understand financial analysis or how it applies to an NPO.
What is automated financial analysis?
1. Financial Analysis refers to an assessment of the viability, stability and profitability of a business, sub-business or project.It is performed by professionals who prepare reports using ratios that make use of information taken from financial statements and other reports. These reports are usually presented to top management as one of their bases in making business decisions.2. Automation is the use of control systems such as computers to control processes, reducing the need for human intervention.SO, automated financial analysis is using computers with control systems (an expert system with rules) to analyze financial information.HOW DO YOU DO THIS? There is a program called ProfitCents that performs automated financial analysis. ProfitCents is a web-based application that allows users to input an income statement and balance sheet to generate a text write-up of the financial performance of a person, business, or non-profit organization.
What do you mean by financial feasibility analysis?
Introduction to Accounting and Financial Statements Course description The Introduction to Nonprofit Accounting and Financial Statements webinar series is designed to introduce basic nonprofit accounting concepts and financial statements to individuals who have had little or no experience with finance or accounting. This self-paced webinar is being held in conjunction with the Nonprofit Financial Stewardship Executive Education program at Harvard Kennedy School. The webinar features Eric Schwartz, Managing Director in PricewaterhouseCoopers National Assurance Health Services. Please note you will not receive a certificate for completing this webinar series. To get more information send me a mail on
How can accurate coding help your organisation to ensure consistency and quality in financial analysis?
How does accurate coding help an organization ensure consistency and quality in financial analysis?
What is the Value of ratio analysis to the strategic decision making of an organization?
Importance of financial ratio analysis on investment decision making?
What is an autoanalysis?
An autoanalysis is an analysis of oneself, or any form of automated analysis.
Give some topic relating to summer project in finance?
Financial statement analysis of a company.Loan procedure in a bankStudying the dividend policy of a companyRatio analysis of a company (although it is covered under Financial statement analysis)study of mutual fundscash management in an organization.
Why you do the Financial analysis?
financial analysis includes
Concept of financial analysis?
concept of financial analysis?
What is ProfitCents www.profitcents.com?
ProfitCents (http://www.profitcents.com) is a web-based application created by Sageworks, Inc. (http://www.sageworksinc.com). Currently, the ProfitCents automated financial analysis software suite consists of four main components: 1. Plain Language Reporting Tools- For-profit, nonprofit, and personal financial analysis. 2. Analytical Review / Audit Tools- For-profit and nonprofit financial auditing. 3. Private Company Industry Information- real-time private company industry benchmarks. 4. Business Projections & Valuations- Performs financial forecasts and projections. In addition, automatic business valuations. Goals:Provide easy-to-use financial and analytical tools to help people make better decisions. Many ProfitCents users tend to be financial professionals who have a need and desire to perform analysis more quickly. Overview / Methods Nearly all of Sageworks' technologies are built on "FIND", a patented technology that converts financial numbers into narrative text. "FIND" is a truly expandable and adaptable technology. FIND Engine Technology - Patent Number 6,968,316"Systems, Methods, and Computer Program Products for Producing Narrative Financial Analysis Reports." For a more, in-depth online demonstration of the ProfitCents suite visit: http://www.profitcents.com/freevideo
financial analysis?
What is Financial Analysis?Financial analysis is the process of examining financial statements and other relevant data to assess the financial health and performance of an organization. This analysis typically involves reviewing a company's income statement, balance sheet, and cash flow statement to assess its profitability, liquidity, solvency, and overall financial position. Using the right tools and techniques to analyze your data can help you make informed investment or business decisions and gain insights that allow you to predict and improve performance.
How does accurate coding help an organisation ensure consistency and quality in financial analysis?
Accurate coding can play a critical role in ensuring consistency and quality in financial analysis for an organization. Here are a few ways in which accurate coding can help: Consistency: Accurate coding ensures that all financial data is classified and organized in a consistent manner. This helps to ensure that financial analysis is based on standardized and uniform information, which makes it easier to compare and contrast data across different periods or business units. Quality: Accurate coding helps to ensure the quality of financial analysis by reducing the likelihood of errors and inconsistencies in data. By using a standardized coding system, an organization can help to ensure that the financial data is accurately captured and properly recorded, which in turn can help to ensure the quality and accuracy of any financial analysis that is based on that data. Transparency: Accurate coding can help to improve the transparency of financial analysis by providing greater visibility into how financial data is being recorded and analyzed. This can be particularly important for organizations that are subject to regulatory requirements or that need to report their financial results to external stakeholders. Efficiency: Accurate coding can also help to improve the efficiency of financial analysis by reducing the amount of time and resources required to prepare and analyze financial data. By using a standardized coding system, an organization can streamline the process of recording and analyzing financial data, which can help to improve the speed and accuracy of financial analysis. Overall, accurate coding is an essential component of effective financial analysis, as it helps to ensure consistency, quality, transparency, and efficiency in the recording and analysis of financial data.
