Financial Measurement

A quantification (or measurement) of the financial position and the financial performance of a business using accounting data for that business which has been prepared using sound, widely recognized accounting procedures. Calculations are usually for individual businesses (i.e., a micro basis) rather than industry-wide aggregations (i.e., macro basis). For calculations of various recommended financial measures, see pages III-6-23.

Authorization Path: 2.2.5.2.43.1