Developing a Web Application for Financial Statement Analysis: A User-Centric Approach

Abstract- This application is designed to streamline the analysis of financial statements by allowing users to easily upload company data for comprehensive evaluation. By leveraging advanced algorithms, the application conducts thorough ratio analysis and trend analysis, converting raw financial data into meaningful visual insights, including graphs, pie charts, and heatmaps. These visual representations enhance the understanding of a company’s financial health, revealing trends and performance metrics over time. In addition to historical analysis, the application incorporates sophisticated predictive analytics to forecast the company’s financial performance over the next five years. This feature enables stakeholders to make informed strategic decisions based on projected outcomes. By integrating historical data analysis with predictive modeling, this tool empowers investors, financial analysts, and business managers to identify potential risks and uncover growth opportunities. Ultimately, the application enhances financial decision-making capabilities, providing users with a robust framework for evaluating company performance and making strategic investments. With its user-friendly interface and powerful analytical features, this application is poised to revolutionize how financial data is interpreted and utilized.