FINANCIAL STATEMENT ANALYSIS IN ALBANIA - A SURVEY OF ITS APPLICABILITY AMONG DIFFERENT USERS' CLASS AND THE DIFFERENCES FROM THE DEVELOPED COUNTRIES
AbstractThis paper focuses in the use of the financial ratios by different groups of users. Using questionnaires and based on a comparative analysis among four different groups of users and similarities and differences between Albania and USA we find that the variability among the different groups is much higher than that across countries. We find similarities in the interests of the credit analysts and the Certified Public Accountants on one hand and financial consultants and financial directors/employees on the other, arguing that this could be explained by the proximity of their professional focus on the financial ratios. Nevertheless, the credit analysts, the CPAs and the financial employees demonstrate quite similar interests on the financial ratios, respectively on the capitalstructure, the liquidity and the profitability ratios, regardless of the country in which they work.
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