摘要：Within the context of the economic globalization and the globalization of capital markets and of the growing competition, it appears that each country has its own practice and its own accounting system. For the user of financial statements, all this information is often contradictory, difficult to control and especially hard to compare. Accounting is concerned with providing valuable information in order to facilitate the process of decision making. According to the principles of accountancy, 'valuab le' information is that which refers to the decision that is to be taken by its users. These decisions vary from user to user. The purpose of this analysis is to highlight the combined effect of decisions regarding investments, opera tions and funding. At the same time, a parallel analysis of the balance sheet (at the beginning and at the end of a certain extent of time) and the profit and loss account of the same interval, may lead to drawing sounder conclusions than analyzed separately.
关键词：balance sheet; profit and loss account; turnover; cash flows; economic efficiency; ;financial result
