I will do ratio analysis, balance sheet and financial analysis

A P&L statement, also known as an income statement, shows a company's revenues, expenses, and net profit over a specific period. It indicates the company's ability to generate earnings.

Preparation involves aggregating and classifying financial data from various sources, such as ledgers and trial balances, and ensuring compliance with accounting standards like IFRS or GAAP.

Examples include liquidity ratios (current ratio), profitability ratios (gross margin), efficiency ratios (asset turnover), and solvency ratios (debt-to-equity).

Yes, financial statements and ratio analysis can be tailored to meet specific requirements, such as highlighting specific performance metrics or industry-specific ratios.

Ratios are compared to industry benchmarks, company historical data, or competitors to identify trends and areas for improvement.