Historical Financial Performance Analysis

A financial performance analysis may provide the following benefits:

• Identify financial strengths and weaknesses and evaluate financial performance in relation to the industry performance as a whole, and acquire useful information concerning competitors.

• Historical financial ratio analysis can be used as an effective preliminary step in preparing a budget or in making a forecast.

• Evaluate past performance and set objectives for future performance. Also provides an ongoing means to evaluate a company’s performance financially.

• Evaluate a proposed sale, merger or acquisition.

• Determine the financial strengths and weaknesses of the company and ultimately the transaction.

• A greater awareness of financial statements and their interrelationship can lead to improved profitability or cash flow.

To learn more about how an Historical Financial Performance Analysis can help your business, contact: Leah Szlatenyi, CPA/ABV, CVA, MSPFP, MSTat (401) 921-2005 or leah@BentleyCG.com.