Analysis of Financial Statements is significant for whom?

All of the Above

The correct answer is option 4- All of the Above.

For all of the above party, analysis of financial Statements is significant.

Financial analysis is the process of identifying the financial strengths and weaknesses of the firm by properly establishing relationships between the various items of the balance sheet and the statement of profit and loss. Financial analysis can be undertaken by management of the firm, or by parties outside the firm, viz., owners, trade creditors, lenders, investors, labour unions, analysts and others.