what is the Ageing analysis?what is the purpose?
Answer Posted / rahul prasad
In accounting point of view, aging analysis is a analysis
of avg no of day take to company collect their book debt from its customer
purpose/ object this analysis
.To find liquidity
.To focus investors
.to focus creditors
.to ,, bankers
purpose of this analysis not only focus liquidity but also it looking for above stated three partys such as investors,creditors,bankers etc because company get loan by bank,credit purchase from party so is it possible from company liquid fund/position.this position measure ability of a firm to collect their debt/receivable it find from this analysis. I think is it the basic reason for aging analysis.
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