The Importance of Analysis of Financial Statements and Accounting Reports in Macroeconomic Decision Processes
Chapter from the book: Kırcı Altınkeski, B. & Buğan, M. F. (eds.) 2023. Evolution of Financial Markets: Banking, Risk Management, Markets and Institutions.

Hasan Alpago
Nişantaşı University

Synopsis

Macroeconomics is generally a summary of similar economic issues in sectors followed by a presentation of economic activities and related behavior. In this respect, macroeconomics constitutes the basis of economic policy. In order to analyze economic phenomena such as inflation or unemployment in terms of macroeconomics, micro-based data should be obtained and evaluated accordingly. As a matter of fact, the discipline of macroeconomics, which is a sub-branch of economics, is based on the principle of evaluating the data containing the inputs and outputs involved in the change and transformation of a country or region in terms of production and consumption in terms of production and consumption, and determining a road map accordingly. In this respect, the reality and scope of the data obtained from statistics and financial statement analyzes gain importance. When we look at the statistics, especially the data obtained on the basis of enterprises are based on the indicators obtained from the financial statements of the companies. In this respect, in this study, the analysis of financial statements is emphasized and the reliability and importance of the data obtained from these tables are examined. Thus, the importance of accounting and financial statements has been emphasized in terms of contributing to the healthy, applicable and reliable macroeconomic policies.

How to cite this book

Alpago, H. (2023). The Importance of Analysis of Financial Statements and Accounting Reports in Macroeconomic Decision Processes. In: Kırcı Altınkeski, B. & Buğan, M. F. (eds.), Evolution of Financial Markets: Banking, Risk Management, Markets and Institutions. Özgür Publications. DOI: https://doi.org/10.58830/ozgur.pub67.c391

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Published

March 24, 2023

DOI