ABSTRACT

The basis for financial planning and analysis is financial information. Financial information is needed to predict, compare and evaluate the firms earning ability. It is also required to aid in economic decision-making investment and financing decision-making. The Financial information of an enterprise is contained in the financial statements or accounting reports. It contains summarized information of the firms financial affairs, organized systematically. They are the means to present the firms financial situation to owners, creditors and general public. Preparation of these statements is the responsibility as possible because, they are very useful to judge the financial efficiency of the company. This research focus on the study of the financial position of this concern