T he performanc e is a general term applied to a part or
to all the c onduc ts of ac tivities of an organization over a period of time often
w ith referenc e to pas t or projec ted c os t effic ienc y, management res pons ibilit y
or ac c ountabilit y T hus , not jus t the pres entation, but the quality of
res ults ac hieved refers to the performanc e. Performanc e is us ed to indic ate
firm’s s uc c es s , c onditions , and c omplianc e.
Company’s financial state analysis involves the use of financial statements. A financial
statement is an organized collection of data according to logical and consistent accounting procedures.
Thus, the term ‘financial statements’ generally refers to two basic statements:
the Balance Sheet and the Income Statement.
to all the c onduc ts of ac tivities of an organization over a period of time often
w ith referenc e to pas t or projec ted c os t effic ienc y, management res pons ibilit y
or ac c ountabilit y T hus , not jus t the pres entation, but the quality of
res ults ac hieved refers to the performanc e. Performanc e is us ed to indic ate
firm’s s uc c es s , c onditions , and c omplianc e.
Company’s financial state analysis involves the use of financial statements. A financial
statement is an organized collection of data according to logical and consistent accounting procedures.
Thus, the term ‘financial statements’ generally refers to two basic statements:
the Balance Sheet and the Income Statement.
