Financial analysis and importance of cash flow statements

Using the financial tables and financial ratios, as well as, observing the norms of UFRS/IAS/TMS, the dissertation aimed at presenting and reporting periodical results of the business operation of some firms trading at Istanbul Stock Market. As such, the thesis also discusses to what extend the firm has realized their financial goals. The firms analyzed are the members of cement sector trading at Istanbul Stock Exchange Market, in the years 2014-2016 The structure of thesis is as follows: In the first part, conventional accounting principles and concepts are presented. In the second part, description and structure of the financial tables reviewed, and in the third part the analysis of financial tables and techniques used in the study are presented. The fourth part takes up cash flow tables and discusses their importance to a business firm. In the fifth part, the findings through applying afore mentioned financial analysis techniques on Akcansa Cement firm trading at Istanbul Stock Exchange Market are presented and discussed. Cash flow tables, which are recently gaining ground, serves to measure the cash creating ability of a firm, its cash resources, the level of meeting its liabilities, cash position in planning the budget. Using the financial techniques, has concluded that the firm studied has high proportion of fixed asset, in addition well-balanced resources and assets. Having high capital stock and low financial liabilities, positive profitability, as well as positive cash flow are the sound indicators of the firm's cash generation ability and firm's sustainability. Key words: Financial table analysis, importance of cash flow table