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Financial Statement Analysis In Albania - A Survey Of Its Applicability Among Different Users' Class And The Differences From The Developed Countries

Author

Listed:
  • Rezarta Perri

    (University of Tirana, Department of Accounting)

  • Ingrid Shuli

    (Assistant Professor in the University of Tirana, Department of Accounting)

Abstract

This 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 capital structure, the liquidity and the profitability ratios, regardless of the country in which they work.

Suggested Citation

  • Rezarta Perri & Ingrid Shuli, 2009. "Financial Statement Analysis In Albania - A Survey Of Its Applicability Among Different Users' Class And The Differences From The Developed Countries," Journal Articles, Center For Economic Analyses, pages 35-48, December.
    • Handle: RePEc:cmk:journl:y:2009:p:35-48
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    References listed on IDEAS

    as
    1. Shleifer, Andrei & Vishny, Robert W, 1997. "A Survey of Corporate Governance," Journal of Finance, American Finance Association, vol. 52(2), pages 737-783, June.
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    More about this item

    Keywords

    financial ratio; financial statement analysis;

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G29 - Financial Economics - - Financial Institutions and Services - - - Other

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