Which of the following are techniques, tools, or methods of analysis and interpretation of financial statements?
The techniques, tools, or methods of analysis and interpretation of financial statements are
Graphic or Diagrammatic Presentation
Comparative Financial Statements Analysis
Funds Flow Analysis
Component Percentage Analysis Method
Break-even Analysis Method
Trend analysis is also an important tool for the analysis and interpretation of financial statements. The trend means tendency in general terms. The Comparative Financial Statements study changes which have occurred in each item of the Balance sheet and Profit and Loss Account within a period of two years but do not indicate the trend of progress during past years.