Abstract
The main financial result of economic activity of the enterprise is profit or loss, which is formed as the difference between its income and expenses incurred in the course of economic activity. And if the production enterprises profit or loss is formed as a result of the sale of finished products, material values, the provision of auxiliary production services, income from other (non-production) activities, the process of formation of financial results of railway transport enterprises has its own characteristics. They are based on the features of accounting for their products. First of all, it should be noted that the products of transport enterprises of the railway industry is a transport service that is provided to consumers and within the framework of a single technological process of transportation. Financial results of activity are the main purpose of functioning of the enterprise in the conditions of market economy. For railway transport enterprises, profit is the main financial result of their operational activities and comprehensively characterizes the efficiency of their functioning. And, consequently, the enterprises of railway transport or its separate structural divisions also should not remain aside from process of formation, distribution and use of financial results as in difficult conditions of attraction of investment resources in branch in General own profit remains the only source of updating of material and technical base of transport enterprises of railway branch, ensuring social protection of their workers and implementation of postulates of corporate social responsibility of PJSC Ukrainian railway.The role of accounting of financial results of railway transport enterprises is to provide reliable financial information about the state of these enterprises for potential investors and creditors. Thus to achieve reliability of information concerning financial results of activity of the enterprises of railway transport it is possible by the decision of a number of the priority tasks directed on reorganization of accounting in General and accounting of financial results in particular.
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