Financial Statement Analysis Executive Summary 2022

Running Head: FINANCIAL STATEMENT ANALYSIS
FINANCIAL STATEMENT ANALYSIS
Name of the Student
Name of the University
Author Note

FINANCIAL STATEMENT ANALYSIS1
Executive Summary
The main purpose of this research is to do an analysis on the accounting system adopted by
Nick Scali Limited. The study is supported by doing an analysis of the company's annual
reports for the financial year 2018 and 2019. It has been found that the accounting technique
used by the company, has helped them to sustain as a good financial performer in the market.

FINANCIAL STATEMENT ANALYSIS2
Table of Contents
Introduction................................................................................................................................3
Discussions.................................................................................................................................3
Accounting Analysis..............................................................................................................3
Step-1 Accounting Policies adopted by Nick Scali Limited..................................................3
Step 2: Accounting Flexibility...............................................................................................4
Step 3: Accounting Strategy...................................................................................................5
Step 4: Disclosure Quality.....................................................................................................5
Step 5: Earning Management of the Company......................................................................6
Conclusion..................................................................................................................................7
References..................................................................................................................................8