ANALYSIS OF FINANCIAL STATEMENTS IN A DYNAMIC AND MANAGEMENT ENVIRONMENT OF THE COMPANY

Abstract

The present is intent to present an analysis of the Accounting Statements, having the company as a dynamic entity, in which at every moment the reality of the company, the competition and the circumstances change. Thus, it proposes a series of adjustments that must be done in order to guarantee that the statements represent the reality of the company at every moment. Also, it relates the indexes analysis to the company's ability of generating liquidity, solvency and profitability, mainly regarding the productive elements in the long term. Therefore, the analysis should be an accounting management tool and information. To do so, the information supplied by the accounting statements were adjusted to know, firstly, the reality of the analyzed company to, then, be able to act and decide with the maximum possible guarantees. The recent application of NIC/IFRS allowed greater approximation to this reality, but there many gaps in the current approaches that prevent proper decision taking. As a result, it was found accounting statements very different from the supplied by for the accounting, even with the adjustment to the new international and national standards of accounting. Thus, the liquidity, the solvency and the profitability of the analyzed companies vary significantly.