Financial intelligence can be used to prevent financial disasters in several ways. Firstly, it can help in identifying and understanding the financial health of a company by analyzing its financial statements and reports. This can help in detecting any irregularities or discrepancies that might indicate potential financial problems. Secondly, financial intelligence can also help in assessing the financial risks associated with a company or an investment. This can help in making informed decisions and taking necessary precautions to avoid financial disasters. Lastly, financial intelligence can also help in forecasting future financial trends and scenarios, which can help in planning and preparing for any potential financial crises.
Financial statements do not always tell the entire story about a company. Accounting methods and fi...
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