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The Company Financial Diagnosis Informatic System

Author

Listed:
  • Alin Isac

    (University of Petroşani, Romania)

  • Claudia Isac

    (University of Petroşani, Romania)

Abstract

Specialists consider a financial diagnosis necessary for measuring the profitableness of invested capital and for estimating the economic and financial equilibrium, which has a certain influence on the economic, financial, and bankruptcy risk rate. Thus, the main purpose of any financial diagnosis is to point out the financial state of the company in order to identify possible causes and effects. A financial diagnosis starts with determining and interpreting a set of economic- financial indicators, which are calculated based on the financial balance sheet.

Suggested Citation

  • Alin Isac & Claudia Isac, 2005. "The Company Financial Diagnosis Informatic System," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 5, pages 179-184.
  • Handle: RePEc:pet:annals:v:5:y:2005:p:179-184
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