Perth temperate with distinct dry summers ; Newcastle temperate with no distinct dry season ; and Darwin tropical region affected by monsoons. This comparative analysis is carried out through adoption of a common conceptual model. The similarity and differences between the three catchments are explored through evaluation of signatures of streamflow and soil moisture variability, and systematic sensitivity analysis with respect to parameters representing various landscape characteristics.
Let us make an in-depth study of the meaning and types of comparative statements. Meaning of Comparative Statements: The comparative financial statements are statements of the financial position at different periods; of time.
The elements of financial position are shown in a comparative form so as to give an idea of financial position at two or more periods. Any statement prepared in a comparative form will be covered in comparative statements. From practical point of view, generally, two financial statements balance sheet and income statement are prepared in comparative form for financial analysis purposes.
Not only the comparison of the figures of two periods but also be relationship between balance sheet and income statement enables an in depth study of financial position and operative results.
The comparative statement may show: The analyst is able to draw useful conclusions when figures are given in a comparative position. The figures of sales for a quarter, half -year or one year may tell only the present position of sales efforts. When sales figures of previous periods are given along with the figures of current periods then the analyst will be able to study the trends of sales over different periods of time.
Similarly, comparative figures will indicate the trend and direction of financial position and operating results. The financial data will be comparative only when same accounting principles are used in preparing these statements. In case of any deviation in the use of accounting principles this fact must be mentioned at the foot of financial statements and the analyst should be careful in using these statements.
Types of Comparative Statements: The two comparative statements are i Balance sheet, and ii Income statement. The comparative balance sheet analysis is the study of the trend of the same items, group of items and computed items in two or more balance sheets of the same business enterprise on different dates.
The changes can be observed by comparison of the balance sheet at the beginning and at the end of a period and these changes can help in forming an opinion about the progress of an enterprise. The comparative balance sheet has two columns for the data of original balance sheets. A third column is used to show increases in figures.
The fourth column may be added for giving percentages of increases or decreases. Guidelines for Interpretation of Comparative Balance Sheet: While interpreting Comparative Balance Sheet the interpreter is expected to study the following aspects: The excess of current assets over current liabilities will give the figures of working capital.
The increase in working capital will mean improvement in the current financial position of the business. An increase in current assets is accompanied by the increase in current liabilities of the same amount will not show any improvement in the short-term financial position.
A student should study the increase or decrease in current assets and current liabilities and this will enable him to analyze the current financial position. The second aspect which should be studied in current financial position is the liquidity position of the concern.
If liquid assets like cash in hand, cash at bank, bills receivables, debtors, etc. The increase in inventory can be on account of accumulation of stocks for want of customers, decrease in demand or inadequate sales promotion efforts.
An increase in inventory may increase working capital of the business but it will not be good for the business.A Comparative Study on the Effect of Resistance Training and PNF to Improve Balance in Parkinson’s Patients – A Randomized Clinical Trial effect of resistance training and PNF in improving balance in PD.
Therefore, the present study is intended to compare the effect of resistance training & PNF to improve balance in participants with.
Comparative balance sheets The balance sheet shows all assets, liabilities and shareholders’ equity accounts at a point in time. Usually the balance sheet is comparative, showing the accounts at both the beginning of the income statement’s period (that is, the end of the previous period) and at the end of the income statement’s period.
It study confirms the efficacy of exploiting Wii-Fit Balance Board as an integrative treatment in subjects with mild balance impairment. Declaration of interest The authors report no conflicts of interest.
The comparative balance sheet analysis is the study of the trend of the same items, group of items and computed items in two or more balance sheet of the same business enterprise on different dates. Fathers and Mothers - Dilemmas of the work -Life Balance: A comparative study of 4 European Countries Introduction The above study into reconciliation of work and .
Comparative Balance Sheets for a Business.
How to Prepare a Statement of Cash Flows. Small Biz Owner's Guide to Preparing an Income Statement. What You Should Know About Profitability Ratio Analysis. Analyzing Your Company's Financial Statements.
Manage Your Firm with This Financial Ratio Analysis Tutorial