Abstract

The real result of the financial analysis of an economic entity directly depends on the accuracy and quality of the information used. Undoubtedly, the quality of the analysis cannot exceed the quality of the information used. That is why different types of information are used in the analysis. In some studies, the information used in the analysis is limited to financial information only. Along with financial information, when conducting financial analysis, production, technical, social, environmental and macroeconomic information is used, as well as conditional information is necessary when interpreting the results and developing development prospects. Limiting the analysis to financial information reduces the analytical potential of an economic entity for an objective assessment of its production potential, its opportunities for intensification and various trends in the sector in which this entity operates, as well as at the regional and national levels.

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