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Why in the Income Statement there is no line for the Depreciation Expense?
 
Quote
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.
Financial Year
 
Currently you can analyze only financial year which equal to calendar year. But we'll make update in 2-3 weeks which includes the possibility to change financial year beginning date. So you'll be able to set financial year beginning to 1 July.

To stay informed about all new ReadyRatios features, I recommend you to register on ReadyRatios.com. We plan to make announces for our users.
What is the meanig of "-2", "-1", "0","+1" and "+2"
 
"-2", "-1", "0","+1" and "+2" are the scores of qualitative assessment of indicators (from "very bad" to "excellent"). If you need details see "Analysis methods description" in the "Settings" section of our software.
Is ReadyRatios really free?, If you faced with any technical problem...
 
Sometimes I receive letters like this: "I entered my data but can't get analytical report. I cannot save the input data or generate a report every time I try. Do you have a paid version of your software?"

ReadyRatios has limited free plan with no any obvious or hidden changes! If you faced with any technical problem (can't enter your data or generate report), please, contact us or post to this forum, we'll do our best to help you (don't forget to mention the version of your operation system (OS) and browser).
IFRS only
 
Sorry, but US GAAP analysis is under constuction. We are going to launch it at the end of this year.
Manual available
 
New section "Manual" was added on ReadyRatios.com:
http://www.readyratios.com/manual/
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