Asked by
Maryam Atique
on Oct 15, 2024
Verified
Vertical analysis is a tool to evaluate individual financial statement items or groups of items in terms of a specific base amount.
Vertical Analysis
A technique for analyzing financial statements where every item in the three primary account categories (assets, liabilities, and equity) on a balance sheet is expressed as a percentage of the overall account.
- Gain an understanding of the core principles and methodologies for financial statement examination.
- Detect and employ approaches for horizontal and vertical analysis.
Verified Answer
ME
Learning Objectives
- Gain an understanding of the core principles and methodologies for financial statement examination.
- Detect and employ approaches for horizontal and vertical analysis.