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Analysis and interpretation of financial statements

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Analysis and interpretation of financial statements

  • This topic has 0 replies, 1 voice, and was last updated 7 years ago by bodrulm.
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  • October 21, 2017 at 2:12 pm #412784
    bodrulm
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    • Topics: 2
    • Replies: 9
    • ☆

    Hello All,

    I was wandering if you have an accounts prepared on 18 month basis due to, say they changed year end from June to December, how do you look at the comparatives.

    So the accounts are showing 18 months financial statement and the comparative given is for the 12 months prior years result. This is not a like for like comparative to interpret the accounts, what do you do in situations like this?

    Thanks in advance for any reply!

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