By making use of business intelligence software including big data analysis, the Financial Analyst is able to spot areas for cost savings, offer opportunities for high return investments, employ strategies that minimize taxes and risk and develop plans for further improvement. They utilize measures like cost management analysis, investments analysis, financial models and forecasts, cash flow analysis and much more to determine the financial health of a company. A Financial Analyst assesses the past performance and current financial situation of a company and predicts its future performance. Financial Analysis is a field of study that focuses on the development and utilization of financial information to come up with decisions concerning the future of an organization.
