Factor Analysis Of Roa Of The Construction Industry Of Irkutsk Region

Abstract

The profitability management of companies is becoming a main task for all management levels: operational, tactical and strategic. The way to control the assets return through the decomposition of the return on assets factor into factors reflecting various aspects of a company is proposed in this article. This article consolidates the information in the sphere of the theory of economic analysis, mastering skills of application of modeling methods of factor systems, the assessment of the impact of quantitative and qualitative factors on the indicators which characterize the final results of economic entities activity. The Filatov model (Return on assets model) allows determining due to what factors the change in profitability occurs or how to perform the analysis of profitability. The transformed methods of factor analysis given in this article compared to the most common traditional methods allow reducing the labor intensity of particular iterations by entering the author's comparative coefficients. The Filatov model analysis (model of return on assets) and the use of the proposed methods of factor analysis for the specialists in the sphere of Economics and management will make the contribution to their base for the development of economic thinking, realization of the essence of economic processes and phenomena which occur within the activities of economic enterprises. However, the most important thing is the development of skills of quantitative assessment as well as economic interpretation along with the search for reserves in order to improve the efficiency of functioning.