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You're reading from  Managing Data Integrity for Finance

Product typeBook
Published inJan 2024
PublisherPackt
ISBN-139781837630141
Edition1st Edition
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Author (1)
Jane Sarah Lat
Jane Sarah Lat
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Jane Sarah Lat

Jane Sarah Lat is a finance consultant with over 14 years of experience in financial management and analysis for multiple blue-chip multinational organizations. In addition to being a Certified Management Accountant (CMA U.S.) and having a Graduate Diploma in Chartered Accounting (GradDipCA), she also holds various technical certifications, including Microsoft Certified Data Analyst Associate and Advanced Proficiency in KNIME Analytics Platform. Over the past few years, she has been sharing her experience and expertise at international conferences to discuss practical strategies on finance, data analysis, and management accounting. She is also president of the Institute of Management Accountants (IMA) Australia and New Zealand chapter.
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Interpreting financial reports

In Chapter 1, Recognizing the Importance of Data Integrity in Finance, we covered the most common types of financial statements: the balance sheet, income statement, and cash flow statement. In this section, we will build on these concepts and discuss how they are interpreted. I recommend going back to the basic concepts we discussed in that chapter to help familiarize yourselves with these topics further.

Financial statement analysis is a skill that business professionals and leaders need to equip themselves with. Understanding what these financial reports are and how to read them effectively will help you better understand what impacts a business’s key drivers and how to make better decisions based on the data.

Here are the types of analysis that can be done to further understand the financial reports that we will cover in this chapter:

  • Horizontal or trend analysis
  • Vertical analysis
  • Competitor and industry analysis
  • Cash...
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Managing Data Integrity for Finance
Published in: Jan 2024Publisher: PacktISBN-13: 9781837630141

Author (1)

author image
Jane Sarah Lat

Jane Sarah Lat is a finance consultant with over 14 years of experience in financial management and analysis for multiple blue-chip multinational organizations. In addition to being a Certified Management Accountant (CMA U.S.) and having a Graduate Diploma in Chartered Accounting (GradDipCA), she also holds various technical certifications, including Microsoft Certified Data Analyst Associate and Advanced Proficiency in KNIME Analytics Platform. Over the past few years, she has been sharing her experience and expertise at international conferences to discuss practical strategies on finance, data analysis, and management accounting. She is also president of the Institute of Management Accountants (IMA) Australia and New Zealand chapter.
Read more about Jane Sarah Lat