How Our Financial Analysis Works
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You input data into
online tables2 — 15 minutesYou input into ReadyRatios tables financial statement of your company, prepared according to IFRS or US GAAP rules:
— A statement of financial position (balance sheet) and
— A statement of comprehensive income (income statement).
Instead of manual input, your data can be uploaded in XBRL format or imported from QuickBooks.
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ReadyRatios
analyses it instantly20 — 40 secondsReadyRatios online software produces a complete financial analysis of your statements: more than 40 ratios and indicators, unique conditional comments, tables, diagrams and summary.
No financial knowledge is required. Our unique online financial analysis software performs this task!
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You receive a detailed
analytical report2 — 5 secondsYou will effortlessly get a detailed report about the financial condition of your company without the investment of time.
You will not be able to tell this report from a professionally made human report! Just check it out:
or try our software using sample data.
Our exclusive: Financial analysis and ranking of top listed companies
| Rank | Company | Revenue ($ millions) |
Financial position and performance (2018) |
|---|---|---|---|
| # 1 | Walmart Inc. | 514,405 | |
| # 2 | Exxon Mobil Corporation | 279,332 | |
| # 3 | Apple Inc. | 261,612 | |
| # 4 | Berkshire Hathaway Inc. | 247,837 | |
| # 5 | Amazon.com, Inc. | 232,887 | |
| # 6 | UnitedHealth Group Incorporated | 226,247 | |
| # 7 | McKesson Corporation | 213,518 | |
| # 8 | CVS Health Corporation | 194,579 | |
| # 9 | AmerisourceBergen Corporation | 172,866 | |
| # 10 | AT&T Inc. | 170,756 |
Perfect IFRS Reporting with Our Tool (IFRT)
- Input numerical data
- Input text notes
- Make adjustment entries (if necessary)
- Get perfect IFRS reporting
- 1. IFRS reporting is comprised of hundreds of indexes. You will enter such data in a convenient-to-use tabular form. Indicators consistency in the reporting and notes thereto is ensured by the software.
- 2. IFRS reporting is not only limited to figures, but also includes multiple text notes. We have collected everything that you need to include in the reporting.
- 3. In order to adjust the finalized reporting it is possible to make adjustment entries. Entries are made intuitively, similarly to accounting programs (Debit-Credit). Software automatically records entries to all international reporting forms.
- 4. As a result, you have ready international reporting, 100% compliant with IFRS requirements. If you fill out statements in the national currency and would like to have it in any other currency (for instance, US Dollars or Euro), you only need to enter exchange rate, while IFRT will automatically compute exchange differences and accurately display them in the statements.
Professional
Our statements are fully compliant with international standards. It is the fullest and most accurate set of reporting forms, verified against IASB adopted standards and IFRS Taxonomy. It may be
used as a checklist to verify the statements
that you already have.
Saves time
The software enables to create high quality IFRS reporting much faster than it usually takes to make it with Excel. You can enter data randomly (for instance, first you may enter the sum and then its components).
More convenient than Excel
The software was created specifically for IFRS reporting. Information input is convenient and intuitive: you immediately see permitted errors and discrepancies.
Try it nowFor whom it will be helpful?
International Financial Reporting Tool is a crucial tool for the companies of any scale and types of activities, from small firms to transnational corporations, which are willing to make their reporting in full compliance with IFRS requirements.
IFRS Disclosure Guide
What is it?
IFRS Disclosure Guide (DG) is the reference book comprising all items which should be disclosed according to International Financial Reporting Standards. Our disclosure guide is composed from IFRS taxonomy which is officially presented by International Accounting Standards Board (IASB).
Who needs it?
IFRS DG is the indispensable information source for everyone who makes or audits IFRS statements. It's almost impossible to prepare IFRS compliant statements without our guide! It's also essential knowledge source for students. IFRS DG is our contribution to improving IFRS statements worldwide.
Use it for free!
No registration required! View IFRS Disclosure Guide. See also US GAAP Disclosure
Latest News
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March 20, 2020
ReadyRatios integration with QuickBooks Online
Importing accounting data from QuickBooks is easy with the new feature in ReadyRatios financial analysis.
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March 4, 2020
BDO Replaces KPMG as the Logistics Firm External Auditor
A logistics management specialist Wincanton has replaced KPMG with BDO as its new external auditor for the financial year ending March 31, 2021. The decision of appointing BDO as the company’s new external auditor ...
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March 3, 2020
Global Ethics Code Playing Catch Up with Latest Technology Developments
The International Ethics Standards Board for Accountants (IESBA) is set to make amendments to the code of ethics in response to the impact of changes caused by ground breaking technological innovations.
The IESBA ...
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December 28, 2019
Regulator Launches an Inquiry into Operations of a Birmingham Based Charity
The Charity Commission has initiated an inquiry into a charity named Jamia Alfurqan Ltd after serious concerns with regards to the charity’s operations and management were raised by the Police.
The inquiry is ...
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December 28, 2019
KPMG has Replaced PwC as the New Auditor to the Broadcaster ITV
FTSE 100 firm ITV has replaced KPMG with PwC as its external auditor for the financial year ending December 31, 2021.
The decision of appointing PwC as ITV’s new auditor has been taken after the media group’s ...
Now financial analysis is amazingly easy to do using our financial analysis software. Just input your financial statement (balance sheet & profit and loss statement) and receive ready financial analysis report (including current ratio, debt ratio, profitability ratios, liquidity ratio, etc.)
Start free ReadyRatios
financial analysis now!
start online
No registration required! But if you signed up extra ReadyRatios features will be available.
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