Analysis of company financial statements is a topic that is well covered in the financial literature. Unfortunately, the interpretation of the analysis is often neglected as a scientific approach to interpretation seems to be elusive. This paper attempts to provide a methodology whereby insight...

This paper uses the classification of accounting systems as a guide to explore the impact of new International Financial Reporting Standards (IFRS) reporting rules on corporate financial statements and financial ratios in comparison to their local counterparts in selected European countries. In...