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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July 25, 2017
FRC makes Amendments to ISAs (UK) to reflect Changes in Ethics Code
The Financial Reporting Council (FRC) has recently made amendments to ISA (UK) 250 Section A - Consideration of laws and regulations in an audit of financial statements. FRC also confirmed changes to other ISAs which ...
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July 24, 2017
National Bank of Ukraine Withdraws PwC Bank Audit Rights over 5.5bn hole at PrivatBank
The National Bank of Ukraine has released a statement in which the bank announced that it has removed PwC from the list of audit firms that are permitted to audit banks in Ukraine. This decision was made in reaction to ...
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July 19, 2017
FSB Encourages Insurers to Act on the New Insurance Standard
The Financial Stability Board (FSB) has recently released a statement in which the professional body welcomed the new insurance standard. The new insurance standard, IFRS 17, which was issued by the International ...
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July 18, 2017
CIPFA and IFAC announces the Launch of Public Sector Financial Accountability Index
At the Chartered Institute of Public Finance and Accountancy (CIPFA)’s 2017 Annual Conference and Exhibition held in Manchester, UK, the International Federation of Accountants (IFAC) along with CIPFA announced the ...
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July 17, 2017
Fujifilm Discovers Accounting Irregularities in its Australian Subsidiary
Japanese company Fujifilm holdings corp. has said that a third party investigating panel has found irregularities in accounting practices in its Australian unit in addition to the ones that have already been discovered ...
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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