INPROFORUM 2017

The Financial Analysis of the Individual Annual Financial Statement According to IAS/IFRS
Martina Regásková

Language: en
Last modified: 2018-04-10

Abstract


Financial accounting and accounting standards provide to managers, investors and other interests entities worth financial information about assets and liabilities situation of an accounting unit, as well as inform about comprehensive income. To provide true and fair view of the company, it is important to report the financial information correctly. Financial reporting plays a significant role in the management decision-making and also has got a strong influence on many other financial activities. The main source of the financial reporting represents financial statements which can be reported based on national or international standards. From global point of view and integration process in the world economy, IAS/IFRS framework represents a better opportunity for preparing the annual financial statement.

In this article, we point our attention to financial statement of the selected bank in Slovakia. The main aim of the article is to analyse the financial stability of this bank according to IAS/IFRS framework. To do financial analysis, we used vertical analysis and ratios indicators.


Keywords


IFRS/IAS; Financial accounting; Financial analysis; Banking sector

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