ANALYSIS OF DISCRIMINANT MODELS IN FORECASTING BANKRUPTCY OF ENTERPRISES

Abstract

The problem of bankruptcy forecasting has a special place among the theoretical and practical problems of enterprise management. Ukraine is a transition country, characterized by instability of many factors of the external environment of entrepreneurship. Therefore, effective management of enterprises requires not only financial analysis of the current situation, but also diagnostics for possible bankruptcy in the future. The use of bankruptcy forecasting techniques is appropriate and useful for both enterprises themselves - for preventive crisis management based on the early detection of signs of deterioration of their situation, and their business partners, as well as credit organizations that will assess the risk of lending to firms of borrowers, controllers and fiscal authorities.