Accounting Principles Definition [Video]
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Accounting Principles Definition [Video]

Accounting principles are the rules and guidelines that companies must follow when reporting financial data. The Financial Accounting Standards Board (FASB) issues a standardized set of accounting principles in the U.S. referred to as generally accepted accounting principles (GAAP).

The ultimate goal of any set of accounting principles is to ensure that a company's financial statements are complete, consistent, and comparable. This makes it easier for investors to analyze and extract useful information from the company's financial statements, including trend data over a period of time. It also facilitates the comparison of financial information across different companies. Accounting principles also help mitigate accounting fraud by increasing transparency and allowing red flags to be identified.

Publicly traded companies in the United States are required to regularly file generally accepted accounting principles, or GAAP-compliant financial statementsin order to remain publicly listed on stock exchanges. Chief officers of publicly traded companies and their independent auditors must certify that the financial statements …

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Ratio Analysis (Step by Step Financial Ratios Tutorial) – Part 1 of 33 [Video]
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Ratio Analysis (Step by Step Financial Ratios Tutorial) - Part 1 of 33 [Video]

In this tutorial, we will learn what is Ratio Analysis along with step by step instructions to calculate financial ratios.This is the 1st Part of our most comprehensive Ratio Analysis video series comprising of 33 videos. We have attempted to go beyond the conventional jargons in this extensive guide and instead focused on practical financial statement analysis used by Investment Bankers and Equity Research Analysts. In addition, using the Colgate Case Study, we have calculated Ratios in Excel from scratch (financials from 2016 to 2020).---------------------------------------What is Ratio Analysis?---------------------------------------Ratio analysis is a type of financial statement analysis that involves quantitative interpretation of a company's financial performance in different areas. It gives insightful information on the company's profitability, solvency, operational efficiency, and liquidity positions, as reflected by financial statements.----------------------------------What you need to do?----------------------------------Step 1: Download the Colgate Excel Model Ratio Analysis Template. This template will be used for the analysis. You can download the ratio analysis template from this link - https://www.wallstreetmojo.com/ratio-analysis-template/Step 2: Please note that we are providing you with downloadable and preformatted Excel spreadsheets to assist you in understanding and applying the concepts. You will receive two templates: 1) Unsolved Colgate Model 2) Completed Colgate ModelStep 3: Start by using the “Unsolved Colgate Model Template” for analysis by following the instructions step by step.Step 4: Good Luck! :-)--------------------------------------------To know more about Ratio Analysis in Finance, you can go to this link: https://www.wallstreetmojo.com/ratio-analysis/Connect with us! Youtube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1LinkedIn https://www.linkedin.com/company/wallstreetmojo/mycompany/ Facebook https://www.facebook.com/wallstreetmojo Instagram https://www.instagram.com/wallstreetmojoofficial/ Twitter https://twitter.com/wallstreetmojo

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