THE IMPORTANCE OF FINANCIAL STATEMENT ANALYSIS IN ASSESSING THE EFFICIENCY OF THE COMPANY

Nowadays, by the requirements of the decision PQ-4611 dated February 24, 2020, of the President of the Republic of Uzbekistan "On additional measures for the transition to international standards of financial reporting", many companies started preparing their reports in accordance with international standards. Hence, making financial reports by a single standard helps users to compare the information of companies, and to identify potential problems and economic risks. Analysis of financial statements plays an important role in analyzing the company's economic condition, liquidity, profitability, risk, solvency, efficiency of operations, and proper use of funds. It also shows the trend or comparison of financial performance which is useful in making investment decisions by the shareholders of the company. This article examines the importance of the analysis of financial statements in decision-making, including the analysis of the accounting system, planning and control, and the parties using financial statements, the coefficients of financial standards