Refleksje Na Temat Pracy " Analiza Finansowa Ekonomicznej Kondycji Finansowej Na Przykkadzie Polskich Instytucji." Autorstwa: Goguu P., Longawa K., Przygooska K., Ratajczak D., Stolarczyk A. (Reflections on the Work of 'Economic Financial Analysis Financial Condition at the Example of Polish Institutions.' by: dude P., Longawa K., Przygooska K., D. Ratajczak, Stolarczyk A.)

2013 ◽  
Author(s):  
Izabela Teppel
Keyword(s):  
Financial Analysis ◽  
Financial Condition

THE ESSENCE, GOALS AND OBJECTIVES OF THE ANALYSIS OF THE FINANCIAL CONDITION OF AN ECONOMIC ENTITY AND ITS USE IN THE COMPLIANCE CONTROL SYSTEM

2021 ◽  
Vol 3 (11) ◽  
pp. 161-165
Author(s):  
Tatiana M. Rogulenko ◽  
◽  
Valeria V. Mironenko ◽  
Keyword(s):  
Control System ◽  
Internal Control ◽  
Financial Analysis ◽  
Corporate Management ◽  
External Influence ◽  
Compliance Control ◽  
Financial Condition ◽  
Economic Entity ◽  
Goals And Objectives

This article raises the problem of improving the analysis of the financial condition of an eco-nomic entity and its use in the compliance control system. The main tasks of using the analysis in the compliance control system in order to increase the efficiency of corporate management of the economic activity of an economic entity have been determined. It is emphasized that the analysis of the financial condition is one of the mandatory components of both internal control and compliance control, the differences in the use of the analysis results are analyzed. It is concluded that the role of financial analysis and its use in the compliance control system in order to improve the efficiency of corporate governance is constantly increasing in order to prevent compliance risks and regulatory risks due to external influence of supervisors.

scholarly journals The role and significance of diagnostics of the financial state of the enterprise in modern condition

2020 ◽  
pp. 5-8
Author(s):  
Tetiana PIZNIAK ◽  
Diana KHOMIAK
Keyword(s):  
Financial Analysis ◽  
Negative Impact ◽  
Enterprise Management ◽  
Analysis And Evaluation ◽  
Financial Condition ◽  
Financial Difficulties ◽  
Rational Diagnosis ◽  
Definition Of ◽  
The Right ◽  
Theoretical Foundations

Introduction. Achieving the key goals of the business object is possible through timely and rational diagnosis of the financial condition of the enterprise. To date, the company's management faces many questions to assess the financial condition. Therefore, the definition of the essence, the description of the factors of formation and the definition of ways to increase the financial result of the enterprise is one of the relevant areas of research. The purpose of the paper is to determine the theoretical foundations and practical approaches to the analysis and evaluation of the enterprise. Results. The mechanism of financial diagnostics of development and safe activity should be built in such a way that the negative impact of different types of destructive factors can be detected and quickly eliminated through regularity and verification. Assessment of a set of indicators makes it possible to identify factors that directly affect the financial condition of the enterprise and timely make the necessary management decisions to improve it. Diagnosing the financial condition and sustainability of the enterprise includes two main stages: rapid diagnosis and fundamental diagnosis. stages of the capital cycle, because financial difficulties can arise in any of them. Considering the system of factors influencing the financial condition of the enterprise, we can say that the greatest attention in the process of its management should be paid to the factors of internal influence, because these are the elements an entity can manage. Conclusion. To carry out successful activities in modern conditions of development, it is important to maintain an effective process of enterprise management, which consists in finding and making the most effective decisions and, accordingly, practical justification. Therefore, we can conclude that for a successful financial analysis of the enterprise, the right method and indicators must be chosen that can better describe the essence of the financial condition of the enterprise.

Finance and Financial analysis

2021 ◽  
Author(s):  
Rossiyskoy Minobrnauki
Keyword(s):  
Professional Education ◽  
Financial Management ◽  
Financial Analysis ◽  
Point Of View ◽  
Basic Knowledge ◽  
Federal State ◽  
Master's Students ◽  
Financial Condition ◽  
State Educational ◽  
The Impact

The textbook systematizes basic knowledge in the field of finance, financial analysis and financial management, presented in their direct relationship and significance from the point of view of evaluation, diagnosis, forecasting and monitoring of the continuity of the organization's activities. It includes seven chapters grouped into three sections. The first section is devoted to the theoretical foundations of the organization's financial management, stakeholders and sources of the organization's activities. The second section discusses the basics of financial analysis, providing knowledge of the main directions, information base and methods of financial analysis, as well as allowing them to be applied reasonably, calculate and evaluate analytical indicators, determine the impact of globalization processes, various macro-and microfactors on the financial condition of the organization. The third section contains the basics of financial management, providing an understanding of the essence of the financial mechanism of the organization and algorithms for justifying decisions in the field of financial management. It complies with the federal state educational standards of higher education of the latest generation and provides the formation of basic competencies in the field of finance, financial management and financial analysis. For bachelor's, specialist's and master's students studying in the field of Economics, the system of additional professional education, training centers for advanced training of auditors and other financial market specialists, as well as for individual preparation of applicants for qualification certification and passing qualification exams.

Measuring the Financial Crisis in Local Governments through Data Mining

2010 ◽  
pp. 21-46
Author(s):  
José Luis Zafra-Gómez ◽  
Antonio Manuel Cortés-Romero
Keyword(s):  
Data Mining ◽  
Local Governments ◽  
Financial Analysis ◽  
Capital Expenditure ◽  
Data Mining Technique ◽  
Predictive Capacity ◽  
Financial Independence ◽  
Four Dimensions ◽  
Financial Condition ◽  
Explanatory Factors

In local government, the financial analysis is focused on evaluating the financial condition of municipalities, and this is normally accomplished via an analytic process examining four dimensions: sustainability (or budgetary stability), solvency, flexibility and financial independence. Accordingly, the first goal the authors set out to achieve in this chapter is to determine the principal explanatory factors for each of the above dimensions. This is done by examining a wide range of ratios and indicators normally available in published public accounts, with the aim of extracting the most significant explanatory variables for sustainability, solvency, flexibility and financial independence. They use a rule induction algorithm called CHAID, which provides a highly efficient data mining technique for segmentation, or tree growing. The research sample includes 877 Spanish local authorities with a population of 1000 inhabitants or more. The developed model presents a high degree of explanatory and predictive capacity. For the levels of budgetary sustainability the most significant variables are those related to the current margin, together with the importance of capital expenditure in the budgetary structure. On the other hand, the short-term solvency depends on the liquid funds possessed by the entity. The flexibility, however, depends mainly on the financial load per inhabitant of the municipality, on the total sum of fixed charges. Finally, financial independence depends fundamentally on the transfers that the entity receives and on the fiscal pressure, among other elements.

scholarly journals Farming under environmental restrictions in the Beskyds and White Carpathians

2009 ◽  
Vol 55 (No. 9) ◽  
pp. 459-466 ◽  
Author(s):  
J. Špička
Keyword(s):  
Financial Analysis ◽  
Sample Survey ◽  
The Czech Republic ◽  
Agricultural Enterprises ◽  
Second Stage ◽  
Financial Condition ◽  
Mountain Grasslands ◽  
Grazing Lands ◽  
White Carpathians

The paper presents the results of research aimed at the analysis of the viability of agricultural enterprises which farm in less favoured areas and under the environmental restrictions pertaining to protected landscape areas. The target objects of the research were farmers taking care of mountain grasslands (meadows and grazing lands) in two protected landscape areas of the Czech Republic – the Beskyds and White Carpathians. The results are based on the sample survey carried out in 2006 and 2007. The first stage of the survey was devoted to the quality of life and business of farmers. The second stage of the survey concerned the financial condition of the farming businesses. Two statistical methods (analysis of variance, logistic regression) and the financial analysis method were used as analytic tools. The agricultural enterprises farming under environmental restrictions perceive their farming activities as a deal and mission. Farmers also accept restrictions while using the current subsidies. Compared to the farms outside the protected landscape areas, the farms in both protected land areas showed a higher profitability but a lower business activity. The analysis found out that the adverse age structure of farmers is a very important risk factor for rural development.

scholarly journals Business Planning and Assessment of Its Impact on the Enterprise Financial Stability

2020 ◽  
pp. 78-84
Author(s):  
Kateryna Shtepenko ◽  
Lyudmyla Svystun ◽  
Iryna Krekoten
Keyword(s):  
Financial Stability ◽  
Business Processes ◽  
Functional Relationship ◽  
Financial Analysis ◽  
Business Activity ◽  
Financial Independence ◽  
Financial Condition ◽  
Content Ratio ◽  
Asset Turnover ◽  
The Impact

At the present stage of the company development as an open social and economic system the question of how existing methods of financial analysis meet the needs of users considering the dynamism and complexity of business processes remains relevant. The purpose of the article is study relationships between static and dynamic indicators of financial condition, to reflect its characteristics such as business activity and financial stability. The article defines the functional relationship between dynamic business activity indicators and static indicators of financial stability, grounds technique of factor analysis of financial stability. The economic content ratio of the assets turnover and equity is defined. The nature of its relationships with the dynamics of assets is considered. Both theoretically and practically it is determined that if the correlation of ratio of asset turnover and equity is bigger than the ratio of financial independence at the beginning of the period under study, the positive dynamics of the property will affect the company’s final financial stability and vice versa, if the ratio is less than the rate of financial independence at the beginning of the period under study, the impact of positive dynamics of property on the final financial stability will be positive. It is proposed to consider this dependence both for factor retrospective analysis and for financial stability forecasting.

scholarly journals Professional Securities Analysts Meet Professors Of Financial Analysis: A Pilot Study Of Financial Statement Assessment Differences

2011 ◽  
Vol 7 (12) ◽  
Author(s):  
Robert L. Webster ◽  
Jeanie Curry
Keyword(s):  
Private Sector ◽  
Financial Analysis ◽  
Financial Statements ◽  
General Purpose ◽  
Financial Statement ◽  
Font Size ◽  
Financial Condition ◽  
Securities Analysts ◽  
Data Collection Process ◽  
User Groups

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt;"><span style="font-size: x-small;"><span style="font-family: &quot;Times New Roman&quot;,&quot;serif&quot;; color: black; mso-bidi-font-size: 10.0pt; mso-bidi-font-weight: bold;">This multivariate behavioral research investigates whether the financial assessments made by professors of financial analysis differ from those made by private sector financial analysts. <span style="mso-spacerun: yes;">&nbsp;</span>Professors of financial analysis and professional private sector securities analysts were put into separate groups for the study.<span style="mso-spacerun: yes;">&nbsp; </span>Members of the two groups were asked by way of a mailed survey to analyze multi-year comparative financial statements of a business enterprise using variables related to liquidity, long term debt, cash flow, dividend prospects, profitability, and overall financial condition.<span style="mso-spacerun: yes;">&nbsp; </span></span><span style="font-family: &quot;Times New Roman&quot;,&quot;serif&quot;; color: black; mso-bidi-font-size: 10.0pt;">The study found a significant statistical difference in assessment results of the analysts and the professors. These results indicate that general purpose financial statements convey different information to the two user groups.<span style="mso-spacerun: yes;">&nbsp; </span><span style="mso-bidi-font-weight: bold;">The paper describes the data collection process, statistical analysis, and results of the research as well as limitations and a call for additional research.</span></span></span></p>

scholarly journals Characteristics of Financial Analysis in Evaluation of Activity of The Leased Object

2021 ◽  
Vol 13 ◽  
Author(s):  
Latipova Shakhnoza Mahmudovna ◽  
Khotamkulova Madina Sanjar Kizi
Keyword(s):  
Financial Analysis ◽  
Financial Assessment ◽  
Foreign Experience ◽  
Financial Condition

The article pays special attention to the assessment of the lessee's performance through a multi-factorial assessment and its creditworthiness. The indicators used in the complex assessment of the financial condition of the lessee, their essence and ways to determine them are given. Foreign experience in the complex financial assessment of the activities of lessees in the leasing market was studied and scientific recommendations for its application in the national leasing market were given.

scholarly journals ANALYSIS OF THE MAIN INDICATORS OF ECONOMIC ACTIVITY OF ENTERPRISES PRODUCING TRUCKS ACCORDING TO ACCOUNTING DATA

2021 ◽  
Vol 6 (3(31)) ◽  
pp. 4-9
Author(s):  
Denis Vladimirovich Lysenko ◽  
Leyla Akgün
Keyword(s):  
Economic Activity ◽  
Business Processes ◽  
Financial Analysis ◽  
Growth Efficiency ◽  
Comprehensive Analysis ◽  
Information Support ◽  
Accounting Data ◽  
Financial Condition ◽  
Use Of Resources ◽  
General Business

The modern system of accounting and management accounting includes a set of methods for analysing and evaluating the analysis of the financial condition of an enterprise. A comprehensive analysis of economic activity is a system of special knowledge related to the study of economic processes that develop under the influence of objective economic laws and factors of an objective order. Comprehensive analysis is of great importance in strengthening the financial condition, increasing the liquidity of assets, their solvency, searching for reserves for economic growth, efficiency in the use of resources, and in general business processes. The transformation of accounting, which is being carried out as part of the restructuring of the economy to market track, has once again brought to life such an important element of analytical work as financial analysis. The effectiveness of enterprise management is largely determined by the degree of its organization and the quality of information support. Analysis of financial statements in the framework of a comprehensive analysis of economic activity consists in the application of analytical tools and methods to the indicators of financial documents in order to identify significant relationships and characteristics necessary for making any decision. It serves to transform data so numerous and varied in our computer age into necessary and always scarce information. The business analysis process is described differently depending on the task at hand. It can be used as a preliminary screening tool when choosing a direction for investment or possible options for a merger of enterprises. It can also act as a forecasting tool for future financial conditions and results. Comprehensive analysis is also applicable to identify problems in the management of production activities. It can serve to assess the performance of the company’s management. And most importantly, financial analysis allows you to rely less on guesses, premonitions and intuition, to reduce the inevitable uncertainty that is present in any decision-making process. Financial analysis does not eliminate the need for business sense but provides a solid and systematic foundation for its rational application. Reporting analysis in the process of a comprehensive analysis of the economic activity of an enterprise is a process that aims to assess the current and past financial condition and results of the enterprise, while the primary goal is to determine estimates and predictions regarding the future conditions and activities of the enterprise.

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