22
5. Evaluation
Analysis was intended to evaluate the achievement of management in managing
the company.
Specific analysis objectives will reduce unnecessary analysis.
With the present of
specific and explicit analysis objectives, plan administrator would be able to choose the
right
technique
that
needed
to fulfill
the
objective.
Plan administrator
could
also
leave
behind
unnecessary analysis
method by adjust to the objective stated earlier.
A
specific
analysis
objective
will
increase the efficiency and affectivity
of financial
statement
process.
Without
unnecessary
and overloading analysis method, analysis process will
save time, energy, and cost. The result of the analysis
will become
more focus and make
the process of decision-making become easier.
Pension Fund
financial statement cannot be separated
from
the principles and standard
of
financial
accounting
in
general.
Financial report
that
followed
the
general
standard
should be able to analyze with analysis techniques that used in the common financial
statement with several adjustment.
Before
deciding
the
objectives
of
the
analysis,
it
is
important
to
consider
the
function
and duty
the party who
will perform
the analysis.
As an example, the plan administrator
has the duty of safeguard the liquidity of the pension fund then one of the objectives of
the analysis is to determine the level of liquidity of the pension fund.
 |