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.
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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.
See all ReadyRatios
analyst featuresNo 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 view the sample report or try our financial analysis software yourself using sample data.
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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May 18, 2018
Tax fraud Leds Recycling consultant to jail for a period of 21 months
John Hamill, an Ayrshire based recycling consultant, operated as a sole proprietor for his business named GH Consulting. Hamill made profits amounting to £1.3m from his business however he did not pay any tax on this ...
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May 17, 2018
Companies Failing to Comply with the PSC Register Requirements can be Prosecuted for a Criminal Offence by the Companies House
Companies and individuals that have failed to publish details of people with significant control (PSC) are now being sent remainders by the Companies house to publish details regarding their ownership through their PSC ...
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May 16, 2018
Significant Number of Companies Failed in Complying With PSC Requirements
Despite the efforts made by the UK government to ensure that companies disclose their ownership through mentioning details of people with significant control (PSC) within the entity by means of a PSC register, there are ...
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May 14, 2018
Baldwins Group Completes the Acquisition of Ayrshire Based Accounting Firm Sinclair Scott
Baldwins, the highly active member of CogitalGroup with reference to acquistions, is continuing on the acquisition/ merger trail, and as a result has further expanded its reputation and presence in Scotland after the ...
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May 14, 2018
SIG Decides to Drop Deloitte as Group Auditor
The FTSE 250 firm SIG decided to drop Deloitte as its auditor after the majority of the group shareholders voted against the reappointment of the Big Four firm at its recently held annual general meeting (AGM).
At ...
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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