E. Mohammadi - Assistant Professor, Department of Industrial Engineering , Iran University of Science and Technology,
H. Mazlumi - MS Student, Department of Industrial Engineering, Iran University of Science and Technology

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.

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