Talk to our Students Apply Now Orientation 2026 BSCC Scheme

Industry Expert Talk - Analysis of Financial statements

Event Date: 18-01-2025

Event Details:

  • Topic: Analysis of Financial Statements
  • Speaker: Associate Professor from Sharda University
  • Venue: GCET, Greater Noida
  • Audience: B.Com First Semester Students
  • Date: 18th January 2025

Introduction

Galgotias University, Greater Noida, recently hosted an insightful guest lecture on the topic “Analysis of Financial Statements” for the B.Com First Semester students. The session was delivered by an Associate Professor from Sharda University, Dr. Santosh Singhal, who is a renowned expert in the field of accounting and finance. The event aimed to equip students with fundamental knowledge of financial statements, their significance, and practical methods for analysis.

Overview of the Session

The session commenced with a warm welcome by the faculty members of Galgotias University, followed by a brief introduction of the guest speaker. The professor began the lecture by emphasizing the importance of financial statements in understanding the financial health of a business.

The discussion revolved around the three key financial statements:

  1. Balance Sheet: Provides a snapshot of a company’s assets, liabilities, and shareholders' equity at a given point in time.
  2. Income Statement (Profit & Loss Statement): Highlights a company’s revenues, expenses, and net profit or loss over a specific period.
  3. Cash Flow Statement: Tracks the movement of cash within a business, categorizing cash flows into operating, investing, and financing activities.

Key Insights Shared

The speaker explained that financial statements serve as the foundation for decision-making by investors, management, and stakeholders. He elaborated on horizontal and vertical analysis, which help compare financial data across periods and understand proportional relationships within statements.

Furthermore, the professor introduced the concept of ratio analysis, explaining its role in evaluating financial performance. The key financial ratios discussed included:

  • Liquidity Ratios (e.g., Current Ratio, Quick Ratio) – To assess a company's short-term solvency.
  • Profitability Ratios (e.g., Gross Profit Margin, Net Profit Margin) – To evaluate the company’s ability to generate profits.
  • Solvency Ratios (e.g., Debt-to-Equity Ratio) – To measure financial stability and long-term sustainability.
  • Efficiency Ratios (e.g., Inventory Turnover Ratio) – To determine operational effectiveness.

The session also included a case study where students analyzed a real company’s financial statements. The interactive discussion encouraged students to apply theoretical knowledge to practical scenarios.

Student Engagement and Q&A Session

Throughout the lecture, students actively participated by asking questions related to financial reporting standards, industry-specific variations, and challenges in financial analysis. The professor addressed queries with real-world examples, enhancing students' understanding of the subject.

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