Every task has a particular aim. a study without objectives cannot reach the destination. My industrial tour report was also directed to some particular targets. The basic objectives is to know about the Performance Evaluation Through Ratio Analysis of Usmania Glass Sheet Factory Ltd. However the main objectives of the study are as follows: 1. To know about the sample enterprise
2. To know bout the Performance of the sample enterprise
3. To examine the Lacking of the sample enterprise
4. To make some recommendation for the company.
Methodology of the Study
In order to make the Report more meaningful and presentable, two sources of data and information have been used widely.
Both primary and secondary data sources were used to generate the report The “Primary Sources” are as follows –
Face-to-face conversation with the respective officers and staffs of the Branch. Informal conversation with the management and accounting bodies of the organization. Practical work exposures from the different desks of the various departments of the organization. Open ended and close ended question.
The “Secondary Sources” of data and information are –
Annual Report (2001) of UGSFL.
Companies previous report.
Companies other published information.
Printing materials of the company.
Various books, articles, other regulations regarding Ratio Analysis of the company.
Scope of the study
For the students of BBA (Accounting), industrial tour report is an important part of academic program. According to topic, the scope of our industrial tour report is limited. We went to the various departments of Usmania Glass Sheet Factory Limited and make a discussion with the accounts and management officials and to collect their annual report and other necessary documents needed to prepare the report on the basis of the main view point of the report "Managerial Performance Evaluation through Ratio Analysis of UGSFL".
Limitation of the Study
To accomplish the industrial tour report in a decent way, it needs to prevail harmonious relation and close contract between the officials of the organization. All the officials and high officials were extremely busy with their own task. So they are not in a position to provide adequate time to us though there were no question or suspicion about their cordiality. The present study has been conducted only for a short period of one month. This shorter period is not sufficient for empirical research work. If sufficient time could have been availed, the study would have been more informative and useful. Another limitation is that, the present study emphasis only on the "Performance Evaluation through Ratio Analysis of Usmania Glass Sheet Factory Ltd." it covers the performance analysis of the company. However it is an overview of findings. All efforts have been made to arrange all the collected data and information in the present form of the report. The main limitations are: 1.Shortage of adequate time.
2.Lack of sufficient data and information.
3.Lack of harmonious relationship and close contract between the officials of the organization. 4.Lack of financial support.
5.The study requires experience to be fruitful but it was completely absent to me . Despite of numerous problems with limitation & bottlenecks, I tried my best to make the report more informative with recent data, so as to arouse high satisfaction to my respectable teacher as per his expectation .
Users of financial statements can get further in sight about financial strengths and weakness of the firm if they properly analyze information reported in these statements. Management should be particularly interested in knowing financial strengths of the form to make their best use and to be able to spot out financial weakness of the firm to take suitable corrective actions. The future plans of the firm should be laid down in view of the firm...