Banking Analysis of People's Choice Community Bank (Research Paper Sample)

Accounting
Name
Institution
Date
Accounting
Introduction
The paper aims to present a report of the analysis made on the People's Choice Bank Community Bank data. The database analyzed was for the significant transactions for the month of August. The report will also include critical observations and recommendations based on the analysis. The financial analysis of a bank entails using massive amounts of financial and other relevant information from different branches to identify patterns to make predictions. Therefore, the report will summarize the necessary information found on the research that would be meaningful to the bank's president. It will utilize pivot tables and pivot charts to present the results.
Given that it was difficult to determine whether each of the transactions made by the banks represented a positive or negative flow of cash, it was necessary to add a new column to display the cash flow. As a result, In the Excel file People's Choice Bank, I added a column and created a function that calculates the cash flow. The column was added by creating an IF statement that returns a negative cash flow using the formula "=J23=IF(D4= "Withdrawal,"-E4,IF(D4= "Renewal," 0,E4)". With the added column, one can quickly analyze the bank's cash flow based on different categories and use the pivot charts to analyze the total deposits and the