NY CFO Jason Feintuch explains how to perform financial statement analysis

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Jason Feintuch NY Chief Financial Officer

Jason Feintuch NY Chief Financial Officer

New York City Financial Advisor Jason Feintuch interviewed by executive review firm Our Featured.

NEW YORK, NY, USA, Feb. 17, 2022 /EINPresswire.com/ — CFO and procurement expert Jason Feintuch of New York was recently interviewed by Our Featured, an executive review firm. As a seasoned financial expert, he believes that analyzing financial statements is the best way to make the necessary adjustments to meet your annual business projections. In this article, Jason explains how to use financial statement analysis to make informed decisions about your business.

External and internal stakeholders should analyze this statement to determine the financial health of an organization. Before anyone can invest or partner with a company, they need to know their financial strength, which makes this statement invaluable.

Jason Feintuch suggests that the company should also consider its past experience and how it matches current and future performance expectations. Regardless of your industry, financial statement analysis can be performed using standard techniques. The three most popular techniques in the business world are vertical analysis, horizontal analysis and ratio analysis. The finance manager must decide which techniques or combinations to use based on the business data available to them.

Horizontal analysis compares company financial information over multiple time periods, including direct comparison, percentage method, and variance method. Vertical analysis is the simplest of the three methods, and it provides an overview of goods sold, expenses, and gross margin, as a percentage of sales over a specific period. Some trading experts also use industry analysis and horizontal analysis to determine which financial statements guarantee the best results.

Financial statements are generally insufficient on their own to provide information to investors; the figures contained in these documents should be put into context so that investors can better understand the different aspects of the company’s operations.

Ratio analysis is one of three methods an investor can use to gain this understanding. The ratio analysis includes a liquidity ratio which shows the company’s availability of cash to repay debt. There is also a solvency ratio that demonstrates a company’s ability to pay its long-term debt and a profitability ratio that determines the company’s use of its assets and control of its expenses to generate a rate of return. acceptable performance.

This article will help you navigate the basics of this framework as well as some other details that Jason Feintuch describes.

To read the full interview, go to https://jasonfeintuchnyc.ourfeatured.com

Therese Bradley
SquareOne Digital, LLC
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