Financial Performance Review Checklist ( FINANCE )

This checklist is designed to ensure a thorough review of the financial performance of the organization over a specified period. It is focused on analyzing revenue, expenses, profitability, and other key financial metrics to provide insights for decision-making.

• Gather Financial Statements

  Collect the latest financial statements including the income statement, balance sheet, and cash flow statement for the review period.

• Analyze Revenue Streams

  Review and assess the different sources of revenue and evaluate their performance compared to previous periods and forecasts.

• Review Expense Categories

  Examine all major expense categories to identify trends, variances, and justify any significant increases or decreases.

• Calculate Profitability Ratios

  Compute key profitability ratios such as gross margin, operating margin, and net profit margin to evaluate overall financial health.

• Evaluate Cash Flow Trends

  Assess cash flow from operations, investing, and financing to understand liquidity and financial stability.

• Prepare Summary Report

  Compile the findings into a summary report that highlights key insights, trends, and actionable recommendations for management.

• Conduct Management Review

  Present the summary report to management for discussion and to make informed decisions based on the financial performance review.