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Item Financial Statement Analysis of Kerala Electrical and Allied Engineering Company Ltd.(2017-04-25T12:19:43Z) Subith, SFinance is the provision of money when it required. Every enterprise requires finance to start and carry out its operation. Finance is the lifeblood of every business. So the finance should be managed efficiency and effectively. Financial statement is prepared mainly for the decision making. Financial statement analysis is referred to the process of determining the strength and the weakness of the firm by properly establishing strategic relationship between the items of balance sheet and profit and loss account. There are many methods for the analysis of financial statement, such as trend analysis, comparative statement, common-size statement, ratio analysis etc. analysis of financial statement are used by many interested parties such as investors, creditors, banks, management etc. some of the steps involved in the analysis of financial statement analysis are: First step to collect the information required for carrying out the study Second step is to arrange the information so collected according to their significant relationship.