SYNOPSIS

ON
“Comparative Analysis Of Two Year Balance Sheet(April 2017-
March 2018 To April 2018- March 2019)"
AT
D B And C Employees Co- Operative Credit Society Ltd.

Submitted to
Rashtrasant Tukadoji Maharaj Nagpur University, Nagpur
For the award of degree of
Master of Business Administration

Submitted By:-
Pragati P Tajne

G. H. RAISONI INSTITUTE OF INFORMATION

 TECHNOLOGY, NAGPUR
2019-2020

INDEX

SR NO CONTENT PAGE NO

1. INTRODUCTION 1

2. COMPANY PROFILE 2

3. OBJECTIVE OF STUDY 3

4. HYPOTHESIS 4

5. RESEARCH METHODOLOGY 5

6. BIBLIOGRAPHY 6
 Introduction
Introduction To Comparative Analysis Of Two Year
Balance Sheet(April 2017-March 2018 To April 2018-
March 2019
A comparative balance sheet presents side-by-side information about an entity's assets,
liabilities, and shareholders' equity as of multiple points in time. For example, a comparative
balance sheet could present the balance sheet as of the end of each year for the past three
years.
A comparative balance sheet analysis is a method of analyzing a society balance sheet over
time to identify changes and trends. Public companies are required to include the information
needed for a comparative balance sheet analysis in their quarterly and annual reports to the
SEC, though it can be useful to pull together more data on your own for a longer-term
analysis.

To take your analysis to the next level, you can add additional techniques to make the
comparative balance sheet analysis even more powerful. For example, you can show each of
the balance sheet accounts as a percentage of the company's total assets. By comparing how
these numbers change over time, you can see not just how the balance sheet is changing, but
also how its composition is shifting on a common-sized basis.

There is a basic and standard format of Income and Expenditure Sheet but an auditor can edit
the sheet according to the society’s amenities and other differences. These sheets can be
prepared as per the calendar year end or society’s personal calendar (the month when actual
money starts incoming in the bank account of the society).For instance, this is Income and
Expenditure Sheet: It is important to have meetings with all the society members and
committee members to discuss monthly money contribution and expenditure. The
comparative balance sheet is not required under GAAP for a privately-held company or a
nonprofit entity, but the SEC does require it in numerous circumstances for the reports
issued by publicly-held companies, particularly the annual Form 10-K and the quarterly
Form 10-Q. The usual SEC requirement is to report a comparative balance sheet for the
past two years (with additional requirements for quarterly reporting).

There is no standard format for a comparative balance sheet. It is somewhat more

common to report the balance sheet as of the least recent period furthest to the right,
though the reverse is the case when you are reporting balance sheets in a trailing twelve-
months format.
Every credit society needs to prepare basic financial statements that summarize its operating
results and financial position for a particular period. These statements primarily include
income statements, balance sheets, and cash flow statements.
Thus, the purpose of preparing these statements is to ascertain the profitability and financial
soundness of a business. But the detailed information reflected in such statements alone is not
sufficient to reach meaningful managerial conclusions. Therefore, detailed financial
analysis and interpretation of these statements is required using various tools and techniques.
This analysis helps to understand the relationship between various components showcased in
each of these statements. So, one of the tools commonly used to undertake financial statement
analysis is creating comparative financial statements. Other techniques include:

 Common Size Statement Analysis

 Ratio Analysis
 Cash Flow Analysis
 Trend Analysis

Each accounting period, a company allocates a portion of the costs it paid to acquire its
long-term assets to its income statement as a depreciation expense, which spreads an
asset's costs over its useful life. The depreciation expense reduces the company's net
income on the income statement and adds to its accumulated depreciation on the balance
sheet, which decreases the value of balance sheet long-term assets. You can determine a
company's depreciation expense for an accounting period by calculating the change in
accumulated depreciation on its balance sheet.

Analyzing A Comparative Balance Sheet:

1. Working Capital
Working capital refers to the excess of current assets over current liabilities. This helps a
financial manager or a business owner to know about the liquidity position of the business.

2. Changes in Long-Term Assets, Liabilities, and Capital

The next component that a financial manager or a business owner needs to analyze is the
change in the fixed assets, long-term liabilities and capital of a business. This analysis helps
each of the stakeholders to understand the long-term financial position of a business.

3. Profitability
Working capital refers to the excess of current assets over current liabilities. This helps a
financial manager or a business owner to know about the liquidity position of the business.
Steps To Prepare a Comparative Balance Sheet

1. Step 1
Firstly, specify absolute figures of assets and liabilities relating to the accounting periods
considered for analysis. These amounts are mentioned in Column I and Column II of the
comparative balance sheet.
2. Step 2
Find out the absolute change in the items mentioned in the balance sheet. This is done by
subtracting the previous year’s item amounts from the current year ones. This increase or
decrease in absolute amounts are mentioned in Column III of the comparative balance sheet.

3. Step 3
Finally, calculate the percentage change in the assets and liabilities of the current year
relative to the previous year. This percentage change in assets and liabilities is mentioned in
Column V of the comparative balance sheet.

Percentage Change = (Absolute Increase or Decrease)/Absolute Figure of the Previous Year’s

Item) * 100
 Introduction To Company

Public Works Department has a glorious history in the state of over 150 years. It is mainly
entrusted with the construction and maintenance of roads, bridges, and government
buildings. The department also acts as the technical advisor to the State Government.
Initially, the works pertaining to Irrigation, Roads, and Bridges as well as constructions
cum maintenance of Public Buildings were entrusted to this department.
In the year 1960 a separate "State of Maharashtra" came into existence and thereafter this
department by way of reorganization divided into two distinct Departments viz. Irrigation
Department & Building and Communication Department. In the year 1980, the housing
function was looked after by yet another separate Department and existing Public Works
Department continued to get established.

Public Works Department of Govt. of Maharashtra primarily executes the following

different vivid development works.

 Construction of New Roads & Bridges.

 Maintenance and repairs of existing Roads and Bridges.
 Construction of Govt. buildings.
 Maintenance and Repairs of existing Govt. buildings.
 Undertaking Deposit Contribution works relating to different Departments of Govt. of
Maharashtra as well as of other Local Bodies
 Resettlement works due to Natural calamities like flood, earthquakes etc.
 Construction of Road’s under Employment Guarantee Scheme.
 Construction of Helipads for Very Important Person’s visits wherever required.
 Fixation of rent of Private premises requisitioned for housing Govt. offices.
 Designs, construction, maintenance and repairs of runway relating to the Aviation
Department.
 Development of Parks and Gardens in the vicinity of important Public Buildings and
landscaping of grounds in order to transform into a garden
 Reservation of Govt. Rest Houses and Circuit Houses.
 To undertake auction sale of fruit trees along the roadsides.
 To permit construction of approaches on both sides of roads to the private individual,
other institutions, factories, Petrol Pumps etc.
 To allow irrigation drains, electricity lines, telephone duct cables etc. along and across
the roads.
 To evacuate the encroachment coming along the roadsides
 The issue of certificates periodically to Cinema Houses about the stability of
structures/arrangement related to electrical fittings conforming to Cinema Regulation Act.
 Issues of certificate for lift operating in Private Buildings.
 To lease out the Govt. land for Exhibition/Circus or other purposes etc. temporarily.
 Plantation of trees along both sides of the road
 Cooperative credit society is an association of members registered under State Co-
operative Societies Act. Share capital is contributed by members. Credit society elects
their chairman and board of directors. They can accept deposit from members and give
loans to members. Profit or loss shared among members.

  The essence or basic features of cooperative banking system must be a larger reliance on
resources mobilized locally and a lesser and lesser dependence on higher credit institutions.
However, many PACSs are at present dependent on CCBs and have failed miserably in
mobilizing rural savings. Heavy dependence on outside funds has, on the one hand, made the
members less vigilant not treating these funds as their own and on the other led to greater
outside interference and control. Overall, this has made the cooperatives a "mediocre,
inefficient and static system". The cooperative credit institutions are plagued by the problem
of high level of over-dues. These over-dues have clogged the process of credit recycling since
they have substantially reduced the capacity of cooperatives to grant loans.

Mission :

To meet the states need for the provision and management of the roads network and building
infrastructures to the best standards within the strategic policy frame work set by the Gov. of
Maharashtra and thus promote the economic well-being and the quality of life of the people.

Vision:

- We work for the community to have a positive effect on the economic and social life
of our state.
- Our people are our most important resource.
- We are enthusiastic to apply the latest technology where it is cost effective to improve
our business.
- We undertake to properly manage the funds allocated to us by the Government.
- We continuously learn how to do things better by imparting training to our workers.
 Objectives Of Study
 To understand the types of comparative analysis of two year balance sheet provided
by D B And C Employees Co- Operative Credit Society Ltd to it’s employee.

 The society owner must also have information from both the income statement.

 The owner must look at the last two years of the firm's balance sheets and compare
the differences between the two in order to develop the Statement of Cash Flows.

 To know about schemes and programs introduce by D B And C Employees Co-

Operative Credit Society.
 Hypothesis

 The hypothesis taken under consideration for the study is 2019-2020.

 That the documentation process of procuring loan of by D B And C Employees Co-

Operative Credit Society is easy.
 Research Methodology
Research in common parlance refers to the search for knowledge. It can be defined as a
scientific and systematic search for pertinent information on specific topic. In fact search is
an art of scientific investigation. in simple terms research means, ‘a careful investigation or
enquiry especially through search for new facts in any branch of knowledge.

DATA COLLECTION

PRIMARY DATA:- The primary data is not use the project.

SECONDARY DATA:-

The secondary data are collected from Nagpur city Authorized dealer of from:-

 Magazines, journals, brochures, etc..

 Website of the society…
 Bibliography

www.mahasahakar.maharashtra.gov.in