Abstract:

The financial statements published by in certain periods, on the one hand, enable comparison and analysis of data from the previous period and on the other hand, performs the function of "Rapporting and Analysis", which is one of the important functions of the accounting. One of these analytical techniques is the “Vertical Percentage Method”. The vertical percentage method is a method that is used to express the data in the balance sheet, which is from the basic financial statements of the account, and the data in the income table, by percentage within certain periods. In the vertical percentage method, the expression of financial statements by percentage instead of absolute values provides great facilities for financial statements users. The aim of the study is to interpret their financial statements by using the 2019 data of the companies registered in the tourism sector, using the "Like Percentage Method". The study included data of nine companies and the proportional distribution of the pens in the balance sheet and income tab was identified, and the companies were then interpreted by comparing each other with the company average. The study found that in the tourism sector were affected by the negative developments in the past period and, despite the high costs, the majority of them gained profits in 2019. Furthermore, the company’s returning asset structures are not similar to each other, and the tourism sector’s general feature is the standing asset that shows a major appearance, and the company’s funding is achieved by its own resources instead of foreign resources. It was also found that the companies involved in the analysis suffered high costs and that commercial debts and receipts had a significant place in the financial statements.

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