Practical Financial Statement Analysis in Accounting Using DEA

Analysis of financial statements is the most responsibilities of financial managers. Conventionally this is down by analysis of related ratios. These ratios are varies and are not able to present an exhaustive comparison. In this research we developed the conventional approach by implementation of data envelopment analysis (DEA). In our new approach an exhaustive efficiency measure is calculated for institute performance. Finally a practical case study is presented in this paper.

Keywords:

DEA , Financial management , Accounting , Analysis of financial statements , Efficiency