Financial Situation Analysis of Entities - iBusiness

IB > Vol.12 No.1, March 2020

Financial Situation Analysis of Entities ()

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DOI: 10.4236/ib.2020.121001 1,030 Downloads 3,413 Views Citations

Author(s)

Banzdai Sainjargal¹, Lombodorj Naranchimeg^1*, Batjargal Khurelbaatar², Choigunsen Chimedsuren³

Affiliation(s)

¹Accounting Department, Business School, National University of Mongolia, Ulaanbaatar, Mongolia.
²Business School, National University of Mongolia, Ulaanbaatar, Mongolia.
³Accounting Policy Department, Ministry of Finance of Mongolia, Ulaanbaatar, Mongolia.

ABSTRACT

The study aims to define the financial situation of Mongolian entities. The objective of research determines the nature of its trend and evaluates the role of accounting and its reporting by reviewing the accuracy and transparency of the reporting information by making analysis including core financial indicators. The data is based on the “Financial statements of the entities” issued by the Accounting policy department, Ministry of Finance of Mongolia and related statistical information. The significance of the study will be more useful to understand a Mongolia’s entities’ financial nature and make better economic decisions.

KEYWORDS

Entities, Company Assets, Liabilities, Owners’ Equity, Financial Characteristics, Proper Structure of Assets Liabilities Plus Owner’s Equity

Share and Cite:

Sainjargal, B. , Naranchimeg, L. , Khurelbaatar, B. and Chimedsuren, C. (2020) Financial Situation Analysis of Entities. iBusiness, 12, 1-12. doi: 10.4236/ib.2020.121001.

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