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How accounting provide relevant data?
Accounting provides the business with data such as debt, growth of the company and the effect of added investment. Accounting data can allow the decision makers in a company to make decisions that will not endanger the financial direction of the company.
What is Financial accounting data?
what is financial accounting?
What is financial data management?
Most dealers understand the value of the collection of financial data, but also realize the challenges to harness this knowledge to create intelligent, active routes back to the client. Data mining technology - and the techniques for recognizing and tracking patterns in the data - helps businesses sift through layers of seemingly unrelated data meaningful relationships, where you can anticipate, rather than just react address customer needs and financial need. In this accessible introduction, which provides an overview of business and technology of data mining and describes how, along with solid business processes and complementary technologies, data mining can reinforce and redefine for financial analysis.Objective:1. The main objective of mining techniques is to discuss how to customize the data mining tools must be developed for the analysis of financial data.2. The pattern of use in terms of the effects can be categories as the need for financial analysis.3. Develop a tool of financial analysis through data mining techniques.Source: http://www.moneymanagersllc.com
In financial analysis why does the analyst compute financial ratios rather than simply studying raw financial data?
In financial analysis the analyst compute financial ratios to determine the financial health of an financial institutoin rather than simply studying raw financial data.
What do you understand by analysis and interpretation of financial statement?
Analysis of financial statement means using the data in the financial statements to perform further calculations and analysis, like ratio analysis, trend analysis, industry comparison, horizontal and vertical analysis, etc. Analysis is useful to understand historical transactions and also to estimate future prospects. Interpretation of financial statement is basically is drawing meaningful conclusions and judgment based on the results of basic or detailed analysis. Example: Profitability analysis shows that the company has made profit for the last 5 years consistently. Interpretation of this analysis will lead to the conclusion that the probability of the company produce profits in next year is high.
What is the format of writing data interpretation?
What is a good format for data interpretation
What is the difference between accountancy and bookkeeping?
Bookkeeping is the maintenance of the company's financial records. Accounting is the analysis and interpretation of that data for management and planning purposes.
Of what importance is an accountant to the entrepreneur?
An accountant not only provides the financial data and statements for the business but also interprets the information for the entrepreneur.
What does interpretation of data mean?
How can data be interpreted?
information?
interpretation of data
What is the importance of data dictionary?
A data dictionary provides a centralized repository of data definitions for an organization, ensuring consistency and accuracy in data interpretation across different systems and users. It helps improve data quality, facilitates data understanding and sharing, enhances data governance, and supports effective decision-making and data management processes.
How accounting provide relevant data?
Accounting provides the business with data such as debt, growth of the company and the effect of added investment. Accounting data can allow the decision makers in a company to make decisions that will not endanger the financial direction of the company.
Interpretation of data?
Involves explaining the meaning or significance of data gathered.
How do graphs help you to interpret data?
They give a visual interpretation of the data.
What is Financial accounting data?
what is financial accounting?
What does based on interpretations mean?
interpretation means interpreating the data based on the given data... eg..1 2 4 8__ here next data is 16... this is what an interpretation is..
Steps in statistical investigation?
# Collection of Data # Processing # Presentation # Analysis of Data # Interpretation of Data
