Planning and Analysis of the Company’s Financial Performances by Using a Software Simulation

Boshkoska, Meri and Prisagjanec, Milcho (2017) Planning and Analysis of the Company’s Financial Performances by Using a Software Simulation. Management and Economic Revie, 2 (1).

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Official URL: http://www.mer.ase.ro

Abstract

Information Technology includes a wide range of software solution that helps managers in decision making processes in order to increase the company's business performance. Using software solution in financial analysis is a valuable tool for managers in the financial decision making process. The objective of the study was accomplished by developing Software that easily determines the financial performances of the company through integration of the analysis of financial indicators and DuPont profitability analysis model. Through this software, managers will be able to calculate the current financial state and visually analyze how their actions will affect the financial performance of the company. This will enable them to identify the best ways to improve the financial performance of the company. The software can perform a financial analysis and give a clear, useful overview of the current business performance and can also help in planning the growth of the company. The Software can also be implemented in educational purposes for students and managers in the field of financial management.

Item Type: Article
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Economics
Depositing User: Mr Dimitar Risteski
Date Deposited: 04 Feb 2019 08:14
Last Modified: 04 Feb 2019 08:14
URI: http://eprints.uklo.edu.mk/id/eprint/1625

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