Describe the Ten commandments of financial analysis?

Answer 1

definition of ten commandments

Answer 2

1. Thou shalt always gather and analyze accurate and reliable financial data.
2. Thou shalt scrutinize and interpret financial statements and ratios to understand the financial health of a company or investment.
3. Thou shalt consider both quantitative and qualitative factors when evaluating financial information.
4. Thou shalt conduct proper due diligence to ensure the integrity of the information examined.
5. Thou shalt regularly update and review financial analysis to stay informed about changes and trends.
6. Thou shalt consider the industry and market conditions while making financial assessments.
7. Thou shalt adopt a systematic and consistent approach to financial analysis.
8. Thou shalt consider risk and return trade-offs when making financial decisions.
9. Thou shalt exercise objectivity and avoid bias while conducting financial analysis.
10. Thou shalt use financial analysis as a tool to make informed and rational decisions, rather than relying solely on intuition or emotions.