A

PROJECT REPPORT (SYNOPSIS)

ON
A Comparative study of Balance sheet of NMC for the
period
YEAR 1-4-2018 TO 31-3-2022

MCOM (Advance Accounting and Taxation)

Submitted by
RD Priti Dinesh Wagh

Project Guide
PROF. DR SUNIL JOSHI

AT
C.H.M.E. Society’s
Bhonsala Military College,Nashik
For The Academic Year
2022-23
 INEDX
Chapter Particular Page No.

1 Introduction

2 Research Methodology

3 Profile of Nashik

4 Literature Review

5 Data Collection and Interpretation

of Data
6 Conclusions and Bibliography ,
Webliography

Introduction :-
 A Balance sheet is a financial statement that
provides a snapshot of a company’s financial position at a
specific point in time. It presents a summary of a company’s
assets, liabilities, and equity. The balance sheet is an important
financial document as it provides key information on a
company’s financial health,liquidity, and solvency.
The comparative study of balance sheets of
national municipal corporations involves analysing and
comparing the financial statements of different
municipal corporations over a specific period. This
analysis provides insights into the financial health,
liquidity, and solvency of the different municipal
corporations.
 Objectives of Study:-
The Specific objective of the report include
i] Analyzing financial performance: By comparing the balance
sheets of different fiscal years, you can assess the financial
performance of the municipal corporation over time. This can
help identify trends and patterns in the corporation’s finances
and help in identifying areas where improvements can be
made.
ii] Comparing with industry benchmarks: Comparing the
municipal corporation’s balance sheet with industry
benchmarks can help identify areas where the corporation is
performing well or where it is lagging behind compared to its
peers. This can help in developing strategies to improve the
corporation’s financial position.

 Justification of the Objectives:-

 The objective of this a comparative study of the balance
sheet of a national municipal corporation is essential in
evaluating the corporation's financial performance, identifying
trends, strengths and weaknesses, comparing performance,
and making informed decisions.
 Statement of Hypothesis :-
i] Hypothesis: National municipal corporations with larger
populations will have higher levels of debt and higher total
assets than those with smaller populations.”
ii] Hypothesis, but it gives you an idea of how to structure one.
Remember that a hypothesis should be testable and falsifiable
through empirical evidence, and it should provide a clear
prediction or explanation for the phenomena you are studying .

 Universe and Sample Size :-

i] The sample size would depend on the research objectives
and the resources available for the study. If the goal is to
make generalizations about the financial health of municipal
corporations in the country, a larger sample size would be
appropriate. On the other hand, if the study is focused on a
specific region or type of municipal corporation, a smaller
sample size may be sufficient

ii] In any case, the sample size should be large enough to

ensure that the results are statistically significant and
representative of the population. The sample should also be
selected in a way that minimizes any biases or confounding
factors that could influence the results.

 Sources of Data Collection :-

 i] The municipal corporation’s own financial statements, which
can be obtained through their website or by contacting their
finance department
ii] Government databases such as the Ministry of Urban
Development or the Census Bureau, which may provide
data on the financial performance of municipal corporations
across the country

 Method of Data Collection

i] Primary Data Collection
ii] Secondary Data Collection
 Note an statistical tools to be used :-
i] Ratio Analysis
ii] Trend Analysis
iii] Regression Analysis
iv] Cluster Analysis

 Bibliograph/webliography
Reference from NMC Year Book.