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Fascinating Accounting Game, already available on our website
 
New record was established by clarke! More then 10000! Congratulations!
Fascinating Accounting Game, already available on our website
 
We launch accounting game – "Balance". But it's interesting not only for accountants. It's a hybrid of Tetris and Finance (figures). You can play in your browser (flash), no registration required. But if you signed up your score will be saved to our rating table. Just try! If you get 6000 scores or more you'll be my hero :)

P.S. The best "Balance" score on our regional website is 31445! The winner is the middle age woman, accountant. It's unbelievable result even for me as the developer of the game.
ReadyRatios development roadmap, our plans
 
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Muhammad Zargham Haider wrote:
it take currency in thousand, can it be without thousands.

Yes, you can select thousands, millions or "empty" multiplier from the lits.

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secondly it do not allow transactions in Pak Rupess (Currency in Pakistan)

We are preparing update now and there is the huge list of currencies including Pak Rupess (PKR). But to meet wish I did it right now for IFRS statement; you can see PKR in the list.
about benchmark
 
Yes, you can change the diapasons of indicators assessment for each industry which are used as benchmark. But it's available for registered users only (registration is free). You can analyze any number of years (not only years, but quarters or months too).
Changes in IFRS
 
I think, they earn salary per change. So they have to be hard at work  :D
Why in the Income Statement there is no line for the Depreciation Expense?
 
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Guest wrote:
Why in the Income Statement there is no line for the Depreciation Expense?

There are to ways to prepare Income Statement: by function of expense and by nature of expense. Both formats are valid according to IFRS. We use more common format - by function of expense.
ReadyRatios development roadmap, our plans
 
- Add help (next week).

Done!

- Add option "fiscal (financial) year beginning date". It will make possible analysis for the
countries and entities which fiscal year beginning is not 1 January.

Done!

- Upgrade the internal editor.

Done!

- Create US GAAP statements analysis (2nd half of this year).

Done!
Financial Year
 
Great news! We have added the option of selecting the month which begins the fiscal year of the company under analysis. This allows unrestricted use of ReadyRatios in countries where the fiscal year does not coincide with the calendar year.

More info http://www.readyratios.com/community/forum3/topic31/
IFRS only
 
US GAAP statements analysis available! More info http://www.readyratios.com/community/forum3/topic31/
New features of ReadyRatios: analysis of US GAAP and selection of the start of the financial year
 
Today we have taken another important step forward in the development of the ReadyRatios service.

Firstly, the program is now able to analyze statements prepared in accordance with US GAAP (previously only analysis of IFRS reports was possible). Particularly gratifying is the fact that this feature was introduced much earlier than had originally been scheduled.

Secondly, we have added the option of selecting the month which begins the fiscal year of the company under analysis. This allows unrestricted use of ReadyRatios in countries where the fiscal year does not coincide with the calendar year.

Besides these two major innovations, a number of other minor fixes and improvements have been made to the program.
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