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Needles Accounting Resource Center
Financial & Managerial Accounting , 2002 Edition
Belverd E. Needles, Jr., DePaul University
Marian Powers, Northwestern University
Susan Crosson, Santa Fe Community College
Learning Objectives
Chapter 28: Financial Performance Evaluation


  1. Describe and discuss financial performance evaluation by internal and external users.
  2. Describe and discuss the standards for financial performance evaluation.
  3. State the sources of information for financial performance evaluation.
  4. Apply horizontal analysis, trend analysis, and vertical analysis to financial statements.
  5. Apply ratio analysis to financial statements in a comprehensive evaluation of a company's financial performance.


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