The not-obligator reports are not part of the basic structure of the countable demonstrations that must be elaborated for the purpose of spreading, being normally destined to the internal managemental use. Many of these reports are sufficient important for the analysis, allowing that more complete conclusions on the situation of the company are gotten. Examples: flow of box, projections of sales, performance for product etc. Complementarily to the obligator financial demonstrations, the company of open capital must also make responsible for the publication of the Report of Direction, Explicativas Notes, Seem of the Auditors. (Assaf, 2007, p.55) 2,8 Methodology of Analysis ' ' The rocking analysis is not only developed by means of applications of techniques, but also guided, to a large extent, for the sensitivity and experience of the analyst. With the intention of it collaborates in the formation of a metodolgica routine, is considered to follow a basic project of avaliao' ' (ASSAF, 2007, P.21). A.A company and the Market an essential concern of the analyst must be to know more at great length company and its market of performance, way best to evaluate the financial decisions (investment and financing) taking.

The rocking analysis becomes inside well more consistent how much interpreted of the characteristics of the sector of activity of the company. For example, a turn of 70 days of the supplies can extreme for be determined commercial segment, being considered, however, adjusted in another one. In the study of the activity sector where a company meets inserted, the potentials current and future of the consuming market must be evaluated the level and the size of the competition, the technological dependence, the suppliers, the politics of prices adopted for the sector etc. B. Financial Reports This item engloba all the countable demonstrations elaborated by the company, that will serve of source of information for the analysis economic-financier.