IMPROVING THE ASSESSMENT AND ANALYSIS OF THE FINANCIAL CONDITION OF BUSINESS SUBJECTS

Abstract

The financial and economic condition of the enterprise is the result of the interaction of all production factors and is directly proportional to how quickly the funds invested in assets turn into money. In our opinion, the main task of financial analysis is to reduce the uncertainty that affects the process of economic and management decisions. Financial analysis is used as a tool for making and justifying decisions, as well as a tool for evaluating the quality of management activities and methods of predicting business profitability. In order to engage in financial activities, they must directly acquire knowledge in this field, and in order for the company to manage its funds very effectively, they must conduct a financial analysis. Financial analysis is a research and evaluation process, the main goal of which is to develop more reliable predictions about the factors affecting the financial performance of the company.