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How to do Financial Analysis
Do the calculations = Calculator.
State whether calculations are Favourable or unfavourable. -
symbolized by F in FV
State the Trend and Industry - symbolized by the T in PMT (Trends
& Industry are both comparisons! Trend is a year over year comparison and
industry ratios are yearly comparisons)
State the Cause or Why - which is symbolized by Y in I/Y
And
Integrate (your case understanding), and state the Implication (i.e.
How it will affect the firm) - which can be symbolized by the I and / (slanted
I) in I/Y
Resolution (you need to provide a resolution to any weak ratios e.g.
if they could not meet the bank covenants, they would have trouble attaining
more financing, the resolution would be: “To resolve the risk of not being able
to attain additional financing from the bank, they can turn to shareholders for
funding.” Further investigation is required to explore additional sources of
financing. ß this can be symbolized by the R in IRR.
Conclude each section – which can be symbolized by the C in CF (e.g.
Overall liquidity/solvency/profitability/efficiency ratios are
healthy/unhealthy because… and state what’s important (e.g. bank covenant))
STO – stands for Strength Financially – Overall, good financial
strength – and then talk about the pOsition in relation to it’s strategic
direction.
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My method of analyzing ratios is the above! :D urrrr welcome!
Lost motivation on the way, then I thought about what shoes I was wearing and BAM! Motivation = ON!!!! like fire.
I played Quake 3 earlier today and I realized it's really important to reach a flow state. Be positive! and let it flow! Let success breed success, again and again! Ride the waves of accomplishment peeps!!!!
Starting to understand why there is a magic formula for all these CFE Gold Medalists they all studied from 9 to 5 constantly. I kept thinking WHY!? Do they all study from 9 to 5... Well... It should have been obvious. They all have jobs!!!! Human beings are creatures of habit, they're working hard from 9 to 5 because that's what they normally do!!!
Personally, I don't have a regular work schedule, so I had to work my way up. For example, I haven't been able to achieve really long study sessions without feeling distracted with a need to eat/drink/take a break/etc. THE secret to reaching the 9 to 5 study habit is to creating it for yourself if you don't have such a schedule. I usually say "I'm feeling good today!" Or something along those lines and I end up not getting more than 2 hours in. But honestly... I think I've figured it out. Usually... My brain is fresh when I wake up so I'm going to ride those waves of accomplishment as I said... And furthermore I'm going to do it for... at least 3 hours. I'll let you know what happens peeps.
I played Quake 3 earlier today and I realized it's really important to reach a flow state. Be positive! and let it flow! Let success breed success, again and again! Ride the waves of accomplishment peeps!!!!
Starting to understand why there is a magic formula for all these CFE Gold Medalists they all studied from 9 to 5 constantly. I kept thinking WHY!? Do they all study from 9 to 5... Well... It should have been obvious. They all have jobs!!!! Human beings are creatures of habit, they're working hard from 9 to 5 because that's what they normally do!!!
Personally, I don't have a regular work schedule, so I had to work my way up. For example, I haven't been able to achieve really long study sessions without feeling distracted with a need to eat/drink/take a break/etc. THE secret to reaching the 9 to 5 study habit is to creating it for yourself if you don't have such a schedule. I usually say "I'm feeling good today!" Or something along those lines and I end up not getting more than 2 hours in. But honestly... I think I've figured it out. Usually... My brain is fresh when I wake up so I'm going to ride those waves of accomplishment as I said... And furthermore I'm going to do it for... at least 3 hours. I'll let you know what happens peeps.
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