Résumé:
This study aimed to define and clarify the role of financial analysis in making administrative and financial decisions in petroleum institutions and to achieve the objectives of the study and answer its questions, the researcher relied on collecting data related to the topic on the literature and related previous studies, and through it secondary data were obtained that formed rain Theoretical study.
As for the practical framework, we relied on a summary of a set of PhD theses and master's notes, using the descriptive and analytical method. The study solved a set of results, the most important of
which are
The analysis is considered an effective means and tool for making and rationalizing decisions, because it helps the financial manager to diagnose the financial situation of the institution and reveal its policy and the circumstances that the institution is going through.
Financial analysis helps to know the weaknesses to avoid them and the strengths to strengthen and correct them
- It is necessary for the financial path that gives the decision an accurate and comprehensive knowledge of the subtleties of financial analysis, control of its mechanisms, as well as knowledge of the basics of the decision, steps and methods, with the qualities of the decision maker, persuasion,
for his control and confidence in breathing, the ability to assume responsibility) and this is all in the interest of the institution.
- In order for the path to exist, it is important in the best of circumstances, there must be techniques that help it in making decisions and rationalizing them. Among these techniques is the technique of financial analysis.
