METHODS OF FINANCIAL ANALYSIS OF THE RESULTS OF THE ACTIVITIES OF ECONOMIC ENTITIES

Abstract

This article will consider the results of the activities of economic entities and reveal methods of their financial analysis. One of the most important conditions for the successful management of the finances of business entities is the analysis of its financial condition. It is characterized by the availability of financial resources necessary for the normal functioning of business entities, their correct placement and effective use, financial relations with other legal entities and individuals, solvency and financial stability. Financial analysis is used to determine the position of business enterprises over a certain period of time, as well as to predict the near and long-term future. It also makes it possible to comprehensively assess the state of the object of research, identify the factors and causes that led to the achieved State, prepare and substantiate the recommended management decisions, identify and mobilize reserves for improving performance