UID:
almahu_9949386452702882
Format:
1 online resource (xi, 142 pages) :
,
illustrations
ISBN:
9781003092575
,
1003092578
,
9781000319859
,
1000319857
,
9781000319804
,
1000319806
,
100031975X
,
9781000319750
Content:
"Despite a plethora of techniques to analyse the financial performance of a business, there has been no single methodology that has been overwhelmingly preferred by users. This could be an indication that, either the methods themselves are deficient or they are limited by other factors that are not easily overcome. Unlike the current offerings in the field, which focus on issues relating to business performance management or non-financial aspects (such as market efficiency, satisfaction, workforce productivity etc.), this book offers a solution to a major gap in the literature and understanding for those seeking to measure, analyse and benchmark the financial performance of any organization (for-profit, not-for-profit and government agencies). It clearly identifies why current techniques fail; proposes and evidences a solution that overcomes these issues by including two algorithms that can be combined, to solve this problem; and demonstrates the practical application of the technique to the benefit of users in order to pinpoint real performance levels and insights. One of the largest issues this book will help to overcome is the inability to compare the accounts of businesses/organisations from different countries that report in different currencies. This technique eliminates the need for currency translations and the issues that arise with that process. The book is an invaluable and practical guide to assist accounting and finance practitioners in measuring and comparing financial performance across firms with different business models, different accounting policies and different scales of operations"--
Note:
Issues with currency and related financial performance measurement techniques -- Issues with percentages, ratios and other attempts at absolute measurement scales -- The proportional asset ratio (PAR) as a solution -- The anchored ratio (AR) -- Integrated ratio analysis.
Additional Edition:
Print version: La Rosa, Nic. Analysing financial performance. Milton Park, Abingdon, Oxon ; New York, NY : Routledge, 2021 ISBN 9780367552527
Language:
English
Keywords:
Electronic books.
;
Electronic books.
URL:
https://www.taylorfrancis.com/books/9781003092575
