Abstract
With the application of financial analysis in business management with the development of economy, enterprises are facing increasingly complex environment. Enterprise modern management is the trend. Financial management is an important part of strengthening the capacity of corporate financial analysis. It has an irreplaceable role to improve their core competitiveness, but this aspect currently in China is still not taken seriously enough. In business management, through the analysis of accurate and comprehensive financial indicators can be more systematic and comprehensive understanding of the enterprise, it can provide a favorable support to make correct and reasonable judgments and decisions, so as to formulate a more comprehensive fit enterprise systems and strategies, a more reasonable and effective, targeted measure for enterprises’ sustainable development is important. Its implementation enables businesses to sustainable development.
Highlights
Accounting financial analysis is the process and results of carrying out corporate financial activities that are based on the research and evaluation of the company’s financial statements and other information, which can reveal the advantages and disadvantages of the business enterprises in the past, analyze financial condition and predict future trends, so that it can be better to help companies plan for the future, optimize investment decisions
Access to business financial information within a certain period of time runs through the financial analysis, and develops strategic direction or to adjust the development of the business, which is the core of financial management
Leopold Bernstein [1] thought that the financial analysis is an analytical judgment process, and it is designed to assess companies in the past or financial condition and operating results at this stage, it would be the best predictor of its future financial condition and operating results
Summary
Accounting financial analysis is the process and results of carrying out corporate financial activities that are based on the research and evaluation of the company’s financial statements and other information, which can reveal the advantages and disadvantages of the business enterprises in the past, analyze financial condition and predict future trends, so that it can be better to help companies plan for the future, optimize investment decisions. X. Zhou amine the pros and cons of business, and predict business trends important role. Financial analysis can help business enterprises to understand the past, evaluate the present situation of enterprises, forecast the future, and provide accurate information for company to make the right decisions and financial basis is an important tool for enterprises to carry out the daily management.
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