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Horizontal, vertical, and ratio analysis are three techniques that analysts use when analyzing financial statements.

There are five commonplace approaches to financial statement analysis: horizontal analysis, vertical analysis, ratio analysis, trend analysis and cost-volume profit analysis.

Finance majors graduating with a master's degree from Baruch make a median salary of $96,976 a year. This is a better than average outcome since the median salary for all finance graduates with a master's is $66,697.

The elements of the financial statements will be assets, liabilities, net assets/equity, revenues and expenses.

The most common types of financial analysis are vertical analysis, horizontal analysis, leverage analysis, growth rates, profitability analysis, liquidity analysis, efficiency analysis, cash flow, rates of return, valuation analysis, scenario and sensitivity analysis, and variance analysis.

But if you're looking for investors for your business, or want to apply for credit, you'll find that four types of financial statements—the balance sheet, the income statement, the cash flow statement, and the statement of owner's equity—can be crucial in helping you meet your financing goals.

The five step financial statement analysis plan – expanded. Liquidity, activity, leverage, operating performance and cash flow – use these steps when analyzing financial statements. Determine working capital, your current ratio and quick test ratio to assist in determining liquidity.

How to Prepare Financial Statements Step 1: Verify Receipt of Supplier Invoices. ... Step 2: Verify Issuance of Customer Invoices. ... Step 3: Accrue Unpaid Wages. ... Step 4: Calculate Depreciation. ... Step 5: Value Inventory. ... Step 6: Reconcile Bank Accounts. ... Step 7: Post Account Balances. ... Step 8: Review Accounts.