MGMT 3320 Lecture Notes - Lecture 3: Financial Statement

• School: University of Guelph
• Department: Management
• Course: MGMT 3320
• Professor: N A

Document Summary

Quick way to highlight change of variables over time (horizontal) Composition of a statement in a given year (vertical) The measurement of a set of numbers in a given financial statement, not in dollars but as % of an initial reference value. Purpose: to describe the composition of a statement at a given point in time, benchmarking results to some objectives or peers. The measurement of the same variable in different financial statements. Purpose: to describe the evolution over time of a given variable, to understand results of management decisions, evolution of challenges, and benchmarking results to some objectives or peers.