Project
1.1. INTRODUCTION
Financial Management refers to that part of the management activity that is concerned with the planning and controlling of the firms financial resources. Hence it is applicable to every type of organization, irrespective of its size, kind or nature. Therefore it has a universal applicability and is indispensable to any organization. Financial management is the art and science of using, managing & controlling the business money. It is the management & control of money and money related operations with in a business.
Financial statements are prepared for decision making. They play a dominant role in setting the frame work of managerial decision. But the information provides in the financial statement is not an end in itself as no meaningful conclusions can be drown from these statement alone. However, the information provided the financial statement is of immense use in making decision through analyses and interpretation of financial statements. Financial analyses is ‘the process of identifying financial strength and weakness of the firm by properly establishing relation ship between the items in the balance sheet and profit and loss accounts’
Financial analysis is the process of identifying the strengths and weakness of the company with the help of accounting information provided by the profit and loss account and balance sheet. It is the process of evaluation of relationship between component parts of financial statements to obtain a better understanding of the firm’s position and performance. It is a technique of x-raying the financial position as well as progress of a firm. Hence, financial analysis will give the management considerable insight into the levels and areas of strength or weakness in order to understand the relationship between various components of the financial statements of a company.
This study makes an attempt to analyze the financial performance of Triveni Water Business Group, NOIDA using the tools of financial analysis
Financial Management refers to that part of the management activity that is concerned with the planning and controlling of the firms financial resources. Hence it is applicable to every type of organization, irrespective of its size, kind or nature. Therefore it has a universal applicability and is indispensable to any organization. Financial management is the art and science of using, managing & controlling the business money. It is the management & control of money and money related operations with in a business.
Financial statements are prepared for decision making. They play a dominant role in setting the frame work of managerial decision. But the information provides in the financial statement is not an end in itself as no meaningful conclusions can be drown from these statement alone. However, the information provided the financial statement is of immense use in making decision through analyses and interpretation of financial statements. Financial analyses is ‘the process of identifying financial strength and weakness of the firm by properly establishing relation ship between the items in the balance sheet and profit and loss accounts’
Financial analysis is the process of identifying the strengths and weakness of the company with the help of accounting information provided by the profit and loss account and balance sheet. It is the process of evaluation of relationship between component parts of financial statements to obtain a better understanding of the firm’s position and performance. It is a technique of x-raying the financial position as well as progress of a firm. Hence, financial analysis will give the management considerable insight into the levels and areas of strength or weakness in order to understand the relationship between various components of the financial statements of a company.
This study makes an attempt to analyze the financial performance of Triveni Water Business Group, NOIDA using the tools of financial analysis