Ways to Improve the Methodology of Analysis of the Financial Condition of the Enterprise
DOI:
https://doi.org/10.26906/EiR.2021.1(80).2244Keywords:
enterprise, financial condition of enterprise, financial analysis, financial coefficients, integral estimationAbstract
The article summarizes the main methodological approaches to determining the financial condition of the enterprise, considers the stages of analysis of the financial condition of the enterprise. The main approaches to assessing the financial condition of the enterprise and the development of proposals to improve the methodology of analysis of the financial condition of the enterprise, the assessment of the financial condition of the enterprise to find reserves to increase profitability and strengthen commercial calculation as a basis for stable operation other institutions. A critical assessment of the concept of «financial condition» and its definition by various experts is analyzed. Based on the study of improving the methodology of analysis of the financial condition of the enterprise, it is determined that today the most necessary to improve the financial condition of the enterprise is to improve information and methodological support of the financial condition of the enterprise, development of methodological support for forecasting the financial condition of the enterprise. Content of work at each stage, improvement of forms of financial reporting, which will increase its analytical capabilities, development of methods of comprehensive scoring of the financial condition of the enterprise, which would analyze the state of the enterprise for the optimal set of financial indicators and ratios, improvement of theoretical principles of enterprise information system.
References
Adamova, I.Z. and Romanchuk, A.L. (2011), “Analysis of the financial condition of the company: problematic aspects and solutions”, available at: http://chteiknteu.cv.ua/herald/content/download/archive/2011/v2/NV-2011-V2_64.pdf (access date August 06, 2020).
Horodnia, T.A. and Kobzieva, S.V. (2010), “Analysis of financial condition and improve control over financial impacts”, Naukovyi visnyk NLTU Ukrainy, iss. 20.1, pp. 183–187.
Mitsenko N.H. (2012), «Metodychni pidhody do otsiniuvannia finansovoho potentsialu pidpryiemstva», Naukovyi visnyk NLTU Ukrainy, No. 22 (7), pp. 213–219.
Obushchak, T.A. (2017), “The essence of the financial condition of the company”, Aktualni problemy ekonomiky, No 9, pp. 92–100.
Podderohin A.M. (2000), Finansy pidpryjemstv [Finances of enterprises] Kyiv: KNEU, Ukrainе.
Blank I.A. (2001), Upravlenie finansovymi resursami. Moscow: Omega-L, OOO « Elga», 768 s., Russia.
Savitska G.V. (2002), Analiz khozyaystvennoy deyatelnosti predpriyatiya [Analysis of economic activity of the enterprise] Minsk: New edition, Belarus.
Kreinina, M.N. (2010), Analiz finansovogo sostoyaniya i investitsionnoi privlekatelnosti aktsionernyh obschestv v promyshlennisti, stroitelstve i torgovle Moscow: Delo I servis, 256 s., Russia.
Polyak G.B. (ed.) (2012). Finansovyi Menedzhement: uchebnik dlya vuzov. 2- isd., pererab. i dop. Moscow: Uniti-Dana, 527 s., Russia.
Kovalenko, L.O, Remnova, L.M. (2008), Finansovyi Menedzhement: navch. posibn. 3-tiе vyd., pererob. i dop. Kyiv: Znannia, 483 s., Ukrainе.
