ACCOUNT ANALYSIS

1. In the field of cost account, it is a way of an accountant to measure and analyze the cost behavior of a company. The process includes examining closely the cost drivers and then classifying these costs as either variable or fixed costs. Then the accountant will use the data of the company in order to determine the estimated fixed cost per period or the variable cost per cost-driver unit.

2. Likewise, in banking, it is a statement released periodically that shows the services of the bank provided to the company. This statement is commonly released monthly and shows all the important data including the charges that the firm gets from the bank and also its average daily balance.