Financial Statement Analysis – IMPORTANT QUESTIONS – B.Com – Dibrugarh University Exams 2020 – 6th Semester

Unit 1: Financial Statements Analysis

1. What are financial statements? What are its various types? Explain them briefly.                     2015, 2018
2. What are Financial Statements? What are their natures and objectives? What are various limitations of Financial Statements?                      2014, 2015, 2017
3. What is Financial Statement Analysis? What is its Significance? What are various limitations of Analysis of Financial Statements?      2016
4. What are various tools and techniques used for Financial Analysis? Explain them briefly with their respective merits and demerits.                   2014, 2016, 2017, 2018
5. “Financial Reporting should be a part of the Annual Report of the Companies and it is the best way to provide information to its shareholders”. Considering these statements, write a brief note on financial statements and its types.
6. What is financial statement analysis? State the significance of analysis of financial statements in respect to stakeholders of the company.          2019
7. Write short notes on:
   • Value added Statements
   • Economic value added Statements
   • Window Dressing

Unit – 2: Ratio Analysis

1. What is Ratio analysis? What are its characteristics? Mention its advantages and Disadvantages. 2014, 2017, 2018
2. What are various classes of ratios?
   • Profitability Ratio
   • Solvency Ratio, Activity Ratio
   • Profit and Loss Account Ratio
   • Balance sheet and Composite Ratios.   2015, 2016
3. Explain the purpose of calculating the following Ratios:
   • Current Ratio                
   • Liquid Ratio                   
   • Gross Profit Ratio                        
   • Net Profit Ratio
   • Operating Profit Ratio             
   • Debtor’s Turnover ratio and Debtor’s Collection Period
   • Creditor’s Turnover ratio and Average Payment Period            
   • Stock Turnover Ratio
   • Debt-Equity Ratio      
   • Proprietary Ratio        
   • Return On Investment Ratio
   • Return on Shareholder’s Fund               
   • Earnings per Share
4.  “Ratio analysis is a tool of financial statement analysis for identifying financial strength, weakness and growth of an enterprise in a simple and understandable form to the interested parties.” Discuss.              
5. Describe with illustration of the following:                                              
   • Debt to equity ratio.
   • Current ratio.
   • Operating ratio.
   • Inventory turnover ratio.

Unit – 3: Financial Reporting and CSR

1. What do you mean by the term Financial Reporting? What are its objectives? Explain its Importance and limitations.                2016
2. Mention some essential or qualitative characteristics of financial reporting
3. What do you mean by financial reporting? State the various steps adopted by business to enhance transparency in the financing reporting process.                       2017
4. What is corporate social responsibility reporting? Explain the present legal provisions of corporate social responsibility and its reporting practices in India.            2017
5. Write a note on Corporate Social Reporting. What are the essentials of a perfect corporate social responsibility report?                
6. Write a brief note on recent developments in the field of corporate social responsibility.
7. Discuss the current status of Corporate Governance Reporting in India. How does Corporate Governance Reporting differ from Corporate Financial Reporting?
8. Give a brief note on mandatory and voluntary disclosures on Corporate Social Responsibility Reporting.
9. What are the objectives of corporate governance Disclosure Practices? Describe the guidelines on corporate governance reporting as per Clause 49 of listing agreement 002E
10. What do you mean by financial reporting? Discuss its main qualitative characteristics which make financial reporting more reliable to its users.  2019                                                                              
11. Discuss the new standards of Corporate Governance under the Companies Act, 2013.       2019                           

Unit – 4: Financial Reporting By Banks, Insurance Companies and NBFCs

1. Give a brief note on IRDA’s Guidelines on accounting and auditing of Insurance Companies.               2014, 2016, 2018
2. Give a brief note on suggestions made by the RBI’s Advisory group on accounting and auditing of Banks.      2015, 2017
3. Give a brief note on suggestions made by the RBI’s Advisory group on accounting and auditing of NBFC and FIs. 2015, 2016, 2017
4. Discuss the provisions of Banking Regulation Act, 1949 relating to Financial Statement of banking companies.               2019
5. What is a non-banking financial company? Discuss the RBI guidelines on regulatory framework of NBFC.               2019
6. Write short notes on any four of the following:     2019            
   • Corporate social responsibility reporting.
   • Non-banking financial company (NBFC).