Analysis of financial statements
Qawaem program provides the service of basic analysis of financial statements. It takes some items of the financial statements, inserts them in equations of accounting ratios and then produces ratios to be used in performance assessment of the company or enterprise. The program further makes it possible to obtain financial data of more than one fiscal period and insert them in other programs to be analyzed and used in making necessary comparisons.
Qawaem program aims at the next stages to create a database of enterprises to enable them to make comparisons on sectors' levels to assist researchers, users and stakeholders in making accurate financial analysis and taking appropriate decisions for the ultimate benefit of the Saudi economy.
Last Update : 16 Septamber 2020