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The analysis of financial statement is a process of evaluating the relationship between the component parts of financial statement to obtain a better understanding the firm’s position and performance. This analysis can be undertaken by management of the firm or by parties outside the namely, owners, creditors, investors. The study is done as a part of analytical research; the Analytical Research is primarily concerned; with testing hypothesis and specifying and interpreting relationships, by analyzing the Facts & information already available.The main scope of the study is helps to evaluate the decision making with regards to the financial performance.

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Mr. L. Jothi Basu, & Jishnu S Nair. (2021). A study on financial statement analysis of forest industries of Travancore Ltd (F.I.T), aluva Kerala. International Journal of Intellectual Advancements and Research in Engineering Computations, 8(2), 146–152. Retrieved from