Analysis Of Financial Results Research Articles

ОБЛІК І АНАЛІЗ ФІНАНСОВИХ РЕЗУЛЬТАТІВ В СУЧАСНИХ УМОВАХ ДІЯЛЬНОСТІ ПІДПРИЄМСТВ

Indexes that characterize the results of financial and economic activity of enterprises are the important informative base for acceptance of effective administrative decisions, for these reasons in the modern terms of management primary take an attention an account and analysis of financial results with aim of recreated the production and socio-economic development of territories and country in a post-war period. Research aim is there a forming of modern indexes for evaluation of financial results of enterprises activity in accordance with the requirements of recovering a production, development in post-war period and also European and International standards of record-keeping and audit. The methodological basis of research became modern international and national models of account and analysis of financial results of enterprises activity. In the conducted researches used methods of dialectic, methods and principles of scientific cognition, instruments of economic analysis for forming of certain methodologies of account, analysis and evaluation of activity financial results that allow accepting correct administrative decisions in a post-war period of recovering the economy of country. The basic hypothesis of research is there supposition that the account of the improved and complemented indexes of evaluation the financial results of enterprises activity will allow to get necessary information about socio-economic renewal of country and its separate regions in a post-war period and to approach the socio-economic standards of development to the level of European Union. Exposition of basic material of research. The modern registration policy of enterprises foresees application and determinations of financial results in obedience to rules and principles of National positions and its accordance to the International models and systems of account and analysis of enterprises activity that to examine the financial result of enterprises activity as final category of effectiveness of economic activity that represents the size of economic values, characterizes potential of profitability, economy growing and development of enterprises. The most important step is expansion of researches of effectiveness by an improvement and use of efficiency indexes, profitability of property and adopted asset, assets of enterprise for the aim to receipt a complex information about forming and drawing on financial results in the cut of types of activity, segments of production orientation, markets of sale, determination of the own financial resources state, efficiency of its use and prospects of development in the cut of those signs, that characteristic exactly for a concrete enterprise. Marked necessity of account the institutional and economic features of enterprises activity, territorial signs of forming of profits, charges and financial results, that will allow strengthening addressees and relevant of accounting information in a management effectiveness by enterprises activity. Originality and practical meaningfulness of research are confirmed by offered by directions of improvement the indexes of analysis and evaluation of financial results in accordance with the requirements of modern socio and economic development of Ukraine economy, to the International standards of account and European unions. Conclusions and prospects of further researches. The conducted research allowed establishing that a financial result is a complex concept that summarizes effectiveness and efficiency of functioning of enterprise and difficult registration work, receipt of expedient, objective information. Forming of financial results of enterprises activity is proceeding for the acceptance of administrative decisions. In an account and analysis of financial results it follows to take into attention the specific of forming the results of activity. And also to take in attention a necessity of including to the indexes of accounting and effectiveness such, that estimate an ethic, public utility, social justice, improvement of welfare of population, unconcern of natural environment and public responsibility. Further researches will be sent to the improvement of administrative account in relation to search the indexes of evaluation the results of enterprises activity most close to the requirements of European society and necessities of Ukrainian public.

О методике проведения анализа эффективности экономической деятельности хозяйствующих субъектов Киргизии

The article is devoted to the methodology of analyzing the main indicators of economic activity of an enterprise based on the balance sheet. Proper organization of settlement operations ensures a stable turnover of funds of an economic entity, strengthening of settlement discipline and improvement of its financial condition. Since making a profit is a prerequisite for commercial activity, and the financial stability of an enterprise is largely determined by the amount of profit received, the analysis of financial results becomes very relevant. The article discusses options for business activity based on the balance sheet of the enterprise and ways to further improve economic activity. Managers cannot choose a development strategy appropriate to the situation in the entities without first assessing all the opportunities in the sector, as well as the growth and potential profitability that each of them provides. When assessing the industry’s capabilities and their attractiveness, managers should take into account that the interests of the industry and the economic entity do not always coincide.

АНАЛИЗ ФИНАНСОВЫХ ПОКАЗАТЕЛЕЙ В ИНДИКАТОРАХ И МЕТРИКАХ ОЦЕНКИ КОНКУРЕНТНОЙ СРЕДЫ

The article discusses the issues of analyzing financial indicators when assessing the competitive environment, which involves studying the external environment, competitors, threats and opportunities through the tools of indicators and metrics. Financial indicators allow us to identify risks, competitiveness, customer focus, degree of innovation and technological development, marketing efficiency and level of market penetration. The stage-by-stage analysis of the competitive environment is presented through the analysis of financial results, working capital, long-term and short-term financial indicators, and assessment of operating indicators. The features of assessment for some segments of the economy are considered. Attention is paid to the analysis of financial statements as a key tool for assessing the financial condition and competitive environment of an organization, allowing one to identify trends, draw conclusions about the current financial position of the company and predict future results. Financial indicators with a brief description are indicated; the influence of the external competitive environment on financial indicators is presented in tabular form. A practical example of the implementation of market and competitive environment analysis is considered, demonstrating the identification of ineffective processes and structures in an enterprise for the development of effective management strategies and successful functioning in the market.

Problematic issues of accounting and analysis of financial results

Analysis of the financial performance of companies and organizations allows you to evaluate the final result obtained in the process of carrying out activities. An open market environment has not yet been created in Russia, so the analysis of the financial results of companies and organizations will always be used to assess the profitability of companies. The main source of analysis is financial results, the ratio of income and expenses. The statement of financial results is especially interesting because it can show various income, expenses and financial results of a company.

РОЗРОБЛЕННЯ МОДЕЛЕЙ ПРОГНОЗУВАННЯ ОБСЯГУ РЕАЛІЗАЦІЇ ПРОДУКЦІЇ СІЛЬСЬКОГОСПОДАРСЬКОГО ПІДПРИЄМСТВА

The financial and economic activities of economic entities in modern terms require constant plans comparison with real developments. Taking into account the peculiarities of the economic situation in the country, comparing the supply and demand, analysis of financial results, etc. The development of market relations increases the responsibility and independence of enterprises in making decisions about strategy and tactics for the future. That is why, while taking substantiating management decisions the application of techniques and methods of economic and mathematical modeling is relevant. One of the types of communication between the producer and the consumer is sales volume. It directly affects the amount of costs, profits and profitability of the enterprise. Therefore, the analysis and forecasting of such an indicator is important to increase the competitiveness of economic entities. Statistical data of one of the agricultural enterprises of Poltava region are analyzed, several influential factors are highlighted. It is proposed to perform a regression analysis, develop a linear multifactor model and build an adaptive model for forecasting the volume of sales of agricultural enterprises to select the optimal model for forecasting the studied indicator for the future. The author performed calculations on the obtained models. The analysis of the obtained results confirmed model’s adequacy, so they can be used for forecasting. As a result of comparison forecasts of sales volumes at the enterprise the adaptive model is recommended for practical application as it has the best quality of the forecast and the minimum sum of deviations squares. This model giving more weight to the latest statistics provides an optimistic forecast for the future. Thus, developing economic and mathematical forecasting models will provide an opportunity to improve the operational planning of production the certain types of products, as well as allow (after receiving new statistics) to quickly change the production monthly plans. Thus, conditions will be created to improve the quality of management, increase competitiveness and ensure the stabilization of the financial state at agricultural enterprises.

ANALYSIS OF FINANCIAL RESULTS IN «RIMBUNAN HIJAU MDF»

This article describes the essence and significance of the analysis of financial results of an enterprise. In the practical part, an example of analyzing the dynamics of profit indicators is considered. Profitability indicators are calculated. Factor analysis of profitability from sales using the method of absolute differences is performed.

Особенности анализа и диагностики в процессе контроллинга финансовых результатов деятельности организации

The purpose of the article is to determine the specifics of the use of indicators used in the analysis and diagnostics in the system of controlling the financial results of the organization. The features of analysis of financial results in the controlling with the lookup of chain is presented in the article.

Оценка существующих подходов к анализу финансовых результатов деятельности торговой организации

Цель: на основе уточнения экономической сущности и видов финансовых результатов деятельности организации провести систематизацию существующих подходов к организации анализа финансовых результатов деятельности торговых организаций, что позволит выделить основные направления аналитической работы с учетом специфики деятельности торговых организаций, систематизировать различные подходы к ее проведению. Обсуждение: эффективность осуществления предпринимательской деятельности определяется достижением конечного финансового результата, который выступает итогом деятельности экономического субъекта и принятых рисков за рассматриваемый период. Поэтому достижение финансовых результатов как ключевых факторов влияния на финансовое состояние, устойчивое экономическое развитие и платежеспособность организации требуют грамотного экономического анализа. С помощью экономического анализа финансовых результатов изучаются тенденции развития, исследуются факторы, оказывающие влияние на качество продаж и уровень эффективности торговой деятельности. Результаты: обобщены ключевые отличия анализа финансовых результатов деятельности торговых организаций от традиционных направлений, которые позволяют провести экономический анализ доходов и расходов по направлениям оптовой и розничной торговли, обосновать особенности проведения маржинального анализа по оптовой и розничной торговле, выделить факторы объема продаж, ассортимента, цен и затрат, определяющих уровень достижения финансовых результатов деятельности торговых организаций.

FINANCIAL INCLUSION AS AN INDICATOR OF MANAGEMENT OF BANK COMPONENT OF THE STATE FINANCIAL SECURITY

It is established that financial inclusion is an instrument that is capable of transforming savings into investment and, therefore, it can be an effective tool for raising the level of financial sovereignty of the state and stabilizing its financial security. The necessity of updating methodological approaches to assessing the financial security at the macro level was substantiated by supplementing the list of indicators of the state of the banking component of the financial security system of Ukraine by the indicator of financial inclusiveness in the banking sector. The definition of financial inclusion in the sphere of banking services and of management of bank security is offered. It is found out that World Bank analytical materials are currently the only relevant source of information about the level of financial inclusion in different countries of the world, and in national economies internal experts do not assess the level of financial inclusion. Taking into account this circumstance, it is suggested, using the information of domestic statistics, to formulate judgments on the state of financial inclusion in the sphere of banking services by indicators that characterize the level of use different types of banking operations by population and business structures. An analysis was made and a critical comment on the financial inclusion of Ukrainians to the banking services segment as of the beginning of 2018 was provided. It has been established that in Ukraine the level of financial inclusion in the last few years is lower than the value that is inherent for its global indicator. Assumptions regarding availability of reserves in the financial system of Ukraine for the growth of the level of financial inclusion in the future are made. Based on a retrospective analysis of financial results and key performance indicators of banks in Ukraine, the need to take measures to increase the level of financial inclusiveness of the population and business entities based on the growth of their interest in the use of banking products and services has been substantiated. The possibilities of using the indicator of financial inclusion level as an indicator of the state of the banking component of the state financial security management are revealed.

Improvements in Accounting and Analysis of Financial Results in Tourism Enterprises

The article deals with improvements in accounting and analysis of financial results in tourism enterprises, as well as suggestions for further simplification of the order of calculation of financial results of tourism companies as a result of explorative and deductive research, as a result of researches. With major changes in the development of the industry, the system of indicators that reflect the financial results of the tourism enterprises, benefits and operating results should be studied on a regular basis. These reviews are derived from the financial statement report. This will require the formulation of this report form and the improvement of its information. This does not disclose information about the earnings and net earnings from this report to external users.

ІМПЕРАТИВИ РОЗВИТКУ МАЛОГО ПІДПРИЄМНИЦТВА В УКРАЇНІ

Small business entities constitute a significant stratum of the national business entities (99.2% of all business entities in Ukraine). Stimulating the development of small business will contribute not only to improving the efficiency of the functioning of the national economy, but also to address a number of urgent social problems; first of all, the problem of unemployment through creation of new jobs and prevention of labor migration. The vast majority of theoretical and applied researches of the problem of small business development are focused on accounting and analysis of financial results, tax regulation and financial mechanism of their development. Apart from the attention of modern scientific thought there remains the question of substantiation of imperatives of development of national small business entities. The purpose of the article is to determine the imperatives of small business development in Ukraine to improve the efficiency of the national economy, to meet the needs of society and to increase the welfare of the population. The methodological basis of the article is the synthesis of results of fundamental and applied researches of domestic and foreign scientists. To obtain specific scientific results, the following methods were used: dialectical, analogies, graphical, economic-statistical and mathematical analysis. Structural and dynamic analysis of national small business entities is carried out and estimation of influence of innovations on activity and development of small business entities is performed. Innovative advantages in the context of positive qualitative changes are considered as an effective tool for increasing the competitiveness of small business entities. The social priorities of small business development are determined and the main problems of national social entrepreneurship are diagnosed. Particular attention is paid to the variability of the forms of social effect from implementation of social small business. The socio-economic consequences of the integration process of small business entities into European and the world space are researched. For the first time the imperatives of development of small business in Ukraine are formulated, namely: (i) identification of its innovative dominants, including justification of the priority innovation oriented structure of national small business entities by types of economic activity and individual regions and solving the problem of financial-credit and informational and consulting support of innovative oriented small business entities; (ii) formation of social priorities and the search for alternative sources of financing of economic activity of national small business entities, in particular, due to their integration into the European and world space, participation in programs of support of small and medium entrepreneurship initiated by the EU, joining the European network of enterprises and attraction of grant fund-raising funds.

Анализ качества финансовых результатов: проблемы и решения

The problems connected with carrying out the analysis of financial results as subject of the economic analysis are considered. Within the research the main objectives and the directions of the analysis of financial results are proved. Special attention is paid problems of assessment of quality of profit, directed to her increase.

Особливості методики аналізу фінансових результатів діяльності підприємств

У статті висвітлено підходи вчених щодо аналізу фінансових результатів та окреслено послідовність здійснення аналізу цього обʼєкта дослідження. Обґрунтовано доцільність проведення аналізу прибутку у взаємо-звʼязку з оцінкою грошових потоків підприємства. Акцентовано увагу на змінах, регламентованих НП(С)БО 1 «Загальні вимоги до фінансової звітності», які відбулися в структурі звіту про фінансові результати (звіту про сукупний дохід).

Analysis of the level and dynamics of financial results of MIC enterprises according to financial statements

In article the indicators influencing sustainable development of the defensive entities on the basis of the analysis of financial results of their activities for data of annual accounting records with use of a method of the horizontal and vertical analysis are considered. The most important indicators of financial results of activities of JSC “Ryazan Radio Plant” and JSC “Tambov Plant Oktyabr” based on data of annual accounting records for 2015 were considered. Positive changes of the accounting period of JSC “Ryazan Radio Plant” are growth of revenue from sales for 28.11% and growth of a gross profit by 4.32% of rather similar indicators of previous year. Growth of a cost of sales and business expenses, negative balance of other incomes and expenses affected an indicator of a net profit which in comparison with indicators of previous year decreased as in absolute, and in percentage terms. By consideration of indicators of the second entity of JSC “Tambov Plant Oktyabr” positive and negative changes were noted. The entity had an increase in revenue by 16.64%, a gross profit for 14.39%, a sales profit for 11.92%, profit to the taxation for 41.17% and a net profit for 44.36% that demonstrates effective work of the entity on providing a strong growth of an equity. Indicators of the second analyzed entity are represented more preferable, than the first, but nevertheless both entities need to analyze independently expenses and the income from regular, investing and financial activities for further successful development.

The Use of Data Envelopment Analysis for Selection of Investment Objects

Due to limited resources the State support can be delivered only to part of the enterprises that apply for it. To increase the effectiveness of investment policy, support has to be provided for enterprises having not only good financial results, but also perspectives of effective work in future. Commonly, more attention is paid to analysis of financial results. However, financial indexes describe the enterprise’s position in the past and do not reflect its possibilities of development. The estimation of an enterprise’s future effectiveness requires accounting for not only its financial results, but also for the efforts of employees to improve their qualification, to use information technologies, to use rationally natural resources. Those who analyse the enterprise’s activity in different aspects encounter problems of the object’s intercomparison due to the variability of the indexes. Data Envelopment Analysis allows to put the objects into a line according to a lot of criteria expressed in various measures, and to choose a number of input and output indexes. The paper presents the aspects estimating the future of an enterprise, the results of enterprise activity effectiveness evaluation using the Data Envelopment Analysis method, and a discussion about the possibilities to use this method.