Main purpose of this report is to explain the implementation of Financial Management in Business Organization. Financial Statement Analyses is a particular skill of going in depth to the financial Statement by the people who have knowledge to do so. It helps investors and creditors to develop their economic decisions. This report observe the impact of the differential function of accounting methods and estimates on financial statements with particular emphasis on the cause of accounting choices on stockholder equity, cash flow and different procedures of corporate act. Here also focus on to know the financial condition and to know the financial position the pharmaceutical section.