Financial Indicators and Statements – BIG FASHION

 I think in any business or enterprise

accounting and financial process is key because
this determines an exhaustive analysis to cover all
information and thus understand what counts is
financially, which carries out the good decision
making in the projects that want to apply.
 Financial Indicators and Statements – BIG FASHION

Some key concepts according to the material studied in my opinion are:

 financial indicator: which allows us to analyze and measure the evolution and
the success of the business, also compare the results of the relevant market
which is handled in the company against competitors.
 Point of balance: allows us to project and identify sales results and thus
implement strategies that help maintain or increase them to cover costs and
utilities.
 Horizontal and Vertical Analysis: are reports that allow us to analyze if the
market grows or decreases in certain periods. Likewise, understand the
involvement that meets and achieve define accounting and financial
processes.
 Financial Indicators and Statements – BIG FASHION

In any business or enterprise accounting processes used to

identify the pros and against which are exposed, through this
determine strategies to restructure and improve the results.
We find effective indicators such as the consolidation of
information and relevant records, which helps us in the
financial statements and thus identify movements which are
carried out for the development of the same. Elements such
as the unique Plan of accounts and accounting principles are
of paramount importance to carry out these processes.
 Financial Indicators and Statements – BIG FASHION

They are important processes for business arises,

since using them are identified factors affecting the
stability of the company in one way or another. Both
financial reasons and indicators are applied to
analyzing and designing strategic plans, know also
the liquidity, profitability to see the progress of the
business and the stability of the business.
 Financial Indicators and Statements – BIG FASHION

Key point: Take an order and control to level costs,

expenses, liquidity, help improve strategic sales
plans, know it is appropriate or not to business
decision making, see if the stock of inventory
increases or decreases in their days.