At Finance Strategists, we partner with financial experts to ensure the accuracy of our financial content. This involves maintaining a clear audit trail, securing evidence properly, and documenting their procedures meticulously. These rigorous methodologies ensure the integrity and credibility of their findings. The ability to handle and analyze digital data can significantly enhance the scope and accuracy of their investigations. This includes knowledge of databases, network security, and digital forensics tools that aid in data recovery and analysis. By meticulously scrutinizing every piece of financial data, they ensure no stone is left unturned in their pursuit of truth. How long does it take to become a forensic accountant? A forensic […]
Horizontal Analysis Overview, Key Metrics, Example
By incorporating horizontal analysis into your financial analysis toolkit, you can gain valuable insights into your company’s performance and drive strategic growth. While analyzing financial statements, horizontal analysis is used to analyze historical data from various accounting periods, such as ratios or line items. In a horizontal analysis, comparisons can be done using either absolute comparisons or percentage comparisons. In the latter case, the statistics from each succeeding period are expressed as a percentage of the baseline year’s total, with 100% serving as the baseline value. Based on historical data, a horizontal analysis interprets the change in financial statements over two or more accounting periods. Identifying Trends and Patterns Start […]