This study aims at providing an insight into the financial position by comparing the Balance Sheet of Auto Syndicate Private Ltd. This study confined to five years data from annual reports 2006-2010, financial statements and other records of the Auto Syndicate Private Ltd. OBJECTIVES OF THE STUDY:
The study is undertaken with the following objectives
* To study the liquidity position of the company.
* To analyze the financial performance of the company.
* To predict the general financial position and profitability of the company and to offer possible suggestions. * To identify the financial strength and weakness of the company. * To understand about the historical performance of the company. LIMTATIONS OF THE STUDY:
* This study mainly depends upon the secondary data, that is annual reports and other records. * The financial performance of the company is analysed only for five years. The reliability of the study depends upon the accuracy of the data in the annual reports.
FORMULATION OF THE RESEARCH PROBLEM:
The selection of a topic for the research is the first in a project it is importance to define a research problem. This problem defines the goals of the researcher. The research problem in this project is to analysis the financial performance of the company. NATURE OF THE RESEARCH PROBLEM:
The research is a diagnostic study general to solve the specific problems relating to financial performance by discovery of the relevant variables that is associated with financial statement. RESEARCH DESION:
The project is Descriptive of research. In this research the researcher has no control of variables. Only reports what has happened or what is happening can be controlled. The research can discover causes but can’t control the variables, as it studied what happened. DATA COLLECTIONS:
Data are mainly collected from two sources
* PRIMARY DATA:
The required data where collected through formal and informal discussion and exchange of views with the company profile.
* SECONDARY DATA:
The secondary data were collected through annual reports and financial statements provided by the company.
NATURE OF THE DATA:
The data being used in this analysis is a secondary data. It is taken from the following for the period of 5 years.
1. ANNUAL REPORTS
2. FINANCIAL STATEMENTS
3. COMPANY PROFILE.
DATA ANALYSIS TOOLS:
The study of comparative financial analysis of AUTO SYNDICATE PRIVATE LTD can be made with the help of following techniques. * Ratio Analysis
* Trend Analysis
* Comparative Income Statement.
* Comparative Balance Sheet.
DATA PERSENTATION TOOLS:
* Bar charts
* Trend Analysis
DATA ANALYSIS & INTERPRETATION
MEANING OF FINANCIAL STATEMENT:
A financial statements is an organized collection of data according logical and consistent procedures. Its purpose is to convey some financial aspects of a business firm. It may show a position at a moment of time as in the case of balance sheet or may reveal a series of activities over a given period of time as in the case of an income statement. The primary objective is to determine the possible estimate and predictors about the future. It also aims at managements of an opinion with respect to the financial position of the enterprises relationship, to the study of that business in that economical world. The tools such as ratio analysis, comparative statements and trend analysis are used to facilitate the analysis and discussion of the study. TECHIQUES OF FINANCIAL PERFORMANCE:
The relationship between two figures expressed mathematically is called as “Ratio”. It is a numerical relationship between two numbers which are related in some manner. Ratio analysis is a technique of analysis and interpretation of financial statements. It is the process of determination and interpretation of various ratios for helping decision...