Analytical Proceduresâ€Ratio Analysis Form

11 ANALYTICAL PROCEDURESRATIO ANALYSIS FORM The listener can use this work to document the performance and evaluation of symmetry analysis in connection with analytical procedures performed in an audit. The form is only a guide and is not a substitute for professional judgment. The form may be modified by adding or omitting certain balance analysis. CLIENT NAME DATE OF FINANCIAL STATEMENTS LIQUIDITY RATIOS 20__20__19__19__ 1. Current balance = Current assets Current Liabilities____________________ Comments 20__20__19__19__ 2. Quick or acid test proportionality =Current Assets stock list Current Liabilities____________________ Comments PROFITABILITY RATIOS 20__20__19__19__ 1. Gross shekels ratio = Net Sales Cost of Goods Sold Net Sales____________________ Comments 20__20__19__19__ 2. Operating valuation account ratio = Income before Income Taxes and Interest Net Sales____________________ Comments 20__20__19__19__ 3. Net income ratio (or profit margin ratio) = Net Income Net Sales____________________ Comments 20__20__19__19__ 4. Return on total assets ratio = Net Income + Interest Expense centre Assets____________________Comments 20__20__19__19__ 5. Return on impartiality ratio = Net Income mean(a) Stockholders Equity____________________ Comments LEVERAGE RATIOS 20__20__19__19__ 1. Debt to assets ratio = Total Debt Total Assets____________________ Comments 20__20__19__19__ 2. Debt to equity ratio = Long-Term Debt Stockholders Equity____________________ Comments 20__20__19__19__ 3. Times occupy earned ratio = Income before Income Taxes and Interest Interest Expense____________________ Comments ACTIVITY RATIOS 20__20__19__19__ 1. Inventory turnover =Cost of Goods Sold Average Inventory____________________ Comments 20__20__19__19__ 2. Average age of broth = 360 Days Inventory Turnover____________________ Comments 20__20__19__19__ 3. Accounts receivable turnover = Net Sales Average Accounts Receivable____________________ Comments 20__20__19__19__ 4. Days sales in accounts receivable = 360 Days Accounts Receivable Turnover____________________ Comments 20__20__19__19__ 5. Asset turnover = Net Sales Total Assets____________________ Comments Prepared by run into Approved by Date