Financial Statement Analysis Shakti Foundation for Disadvantaged Women

Abstract

Shakti Foundation for Disadvantaged Women hereafter named as Shakti Foundation is one of the top most micro finance institution in Bangladesh. It has 416 branches all over Bangladesh. It is registered with the NGO Affairs Bureau Bangladesh under The Foreign Donations Regulations rules 1978 and the Register of Joint Stock Company Ltd. under the Society Act 1860. Shakti Foundation has also received certifications through the Microcredit Regulatory Authority Act in 2007 to run their microcredit programs. This report has been prepared based on the internship program that I have successfully completed in Shakti Foundation under Finance Department in partial fulfillment for the degree of Masters of Business Administration (MBA) in Daffodil International University. The main objective of this report is to perform analysis of financial statement of the aforesaid organization. This report has been designed in such way to give the reader a systemic view of Shakti Foundation’s financial performance along with its opportunities and threats, strengths and weaknesses. The report has been designed in a chapter by chapter approach where chapter one is the introductory chapter and contains introduction, objectives, significance, scope, methodology and limitations of the study. Chapter two gives an overall view of the historical background, products and services, competitor analysis and analysis of Vision and Mission statement of Shakti Foundation. Chapter three illustrates the external factors which lead to opportunities and threats and their score in External Factors Evaluation (EFE) matrix and the internal factors in terms of existing functional areas of Shakti Foundation and associated strengths and weaknesses with their score in Internal Factors Evaluation (IFE) matrix. This chapter also includes SWOT analysis which matches the external and internal factors and formulate multiple strategies. Chapter four consists of theoretical aspects like financial performance analysis, statement of financial position, statement of financial performance and ratio analysis as well. Chapter five will be constructed through the financial statement analysis of Shakti Foundation. The final chapter finishes with the sequential presentation of findings of the analysis, recommendations and conclusions.