INDUSTRY COMPARISON - WHAT TO LOOK FOR
The main question to ask about a company when comparing or investigating it is whether it is a private or public company? Private companies have no obligations to reveal a lot of information unlike public companies and are therefore it is more complicated to look into their affairs.
Obtaining Financial And Non-Financial Data : Data is the key factor when analysing an industry or company. Both financial and non-financial information is important in finding out key details including:
By looking at all of this information it is possible to draw comparisons between industries and companies and to compile a report which compares these factors.
As skilled and qualified accountants, we have the experience and know-how to be able to effectively compare companies and industries to inform your business needs. We can complete this onerous task on your behalf, freeing up your time to focus on other elements of your company.