ALL ABOUT ACCOUNTING:- 3rd BLOG
A *****ACCOUNTING ***** Hi freinds., Today discuss 2nd fields in accounting. * Analysis and forecasting :- 1. Analysis :- the examination of the different parts or details of something. Analysis is the process of breaking a complex topic or substance into smaller parts in order to gain a better understanding of it. The technique has been applied in the study of mathematics and logic since before Aristotle (384–322 B.C.), though analysis as a formal concept is a relatively recent development. *Purpose of analysis :- A systematic examination and evaluation of data or information, by breaking it into its component parts to uncover their interrelationships. ... An examination of data and facts to uncover and understand cause-effect relationships, thus providing basis for problem solving and decision making. * Types of analysis :- There are many types of data analysis.