The percentage of sales method often is used to construct forecasts of future business performance, often represented by pro-forma -- or forward-looking -- financial statements.

Methods of Analyzing a Financial Statement. Evaluating the performance of a business can be challenging, and requires a systematic collection and review of financial information.

Compare India's Accounting Standard 3 (AS 3) and Ind AS 7 on cash flow statements. Learn about their objectives, classification methods, and key differences in reporting ...