Standardized financial statements
The Infront Analytics Platform aims at facilitating the analysis and the comparison of listed companies. As it is difficult to directly compare the financial statements for two companies because of the diversity of financial reporting, official statements need to be re-engineered using a process called standardization.
Our data providers collect and store every line item reported by a company on the income statement, balance sheet and statement of cash flow.
Mapping from company specific financials to standardized financials involves grouping like items together into a standardized model that is common for all companies operating in the same industry.
Another important aspect of the standardization is to separate nonrecurring from recurring items of income and expense in order to allow analysts to properly assess a company’s performance.
