An analysis of financial statements for management decisions-making. It consists of business performance evaluation (component and trend analysis, ratio analysis, profitability analysis, solvency, asset management analysis, cash flow analysis, leverage analysis, growth, and other), using financial analytical tools. Other areas covered are working capital management analysis, capital structure, and capital budgeting analysis.

Basic analysis steps; determining system alternative, determining system

economics, determining logical system requirements, basic design tools and

objectives; requirements modeling, hardware and software selection and

evaluation; design of logical and physical system; system documentation,

system implementation, post implementation analysis and support of a

functioning information system.