R Recipes pp 183-199 | Cite as

Working with Financial Data

  • Larry A. Pace


Individuals and organizations work with financial data on a daily basis. While accountants are interested in money from an accrual basis, individuals and financial managers in organizations are usually more interested in money from a cash basis. That is, they are interested in revenues and expenses only with respect to the actual inflows and outflows of cash. Both individuals and organizations maintain solvency by acquiring the cash flows necessary to satisfy their obligations and to obtain the assets needed to achieve their goals. In this chapter, you will learn how to use R to analyze financial data, and we will primarily adopt the perspective of cash flow rather than accrual.


Cash Flow Financial Data Closing Price Open Price Line Chart 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Larry A. Pace 2014

Authors and Affiliations

  • Larry A. Pace
    • 1
  1. 1.SCUnites States

Personalised recommendations