Фінансовий аналіз діяльності акціонерних товариств
Loading...
Date
2022
Journal Title
Journal ISSN
Volume Title
Publisher
Причорноморський науково-дослідний інститут економіки та інновацій, Одеса
Abstract
UKR: У статті розглянуто сутність та роль фінансового аналізу, особливості проведення фінансового аналізу діяльності акціонерного товариства з використанням фінансової звітності,
складеної за національними положеннями (стандартами) бухгалтерського обліку та міжнародними стандартами фінансової звітності. Аналіз рівня сталого розвитку компанії є динамічною аналітичною основою, що поєднує у собі фінансовий аналіз зі стратегічним менеджментом. Таке об’єднання необхідне для пояснення істотних та важливих взаємозв’язків
змінних стратегічного планування та фінансових змінних, а також для перевірки узгодженості завдань корпоративного зростання та фінансової політики. Фінансовий аналіз на рівні
суб’єкта господарювання дозволяє: визначити потенційні можливості для фінансового зростання, встановити – яким чином фінансова політика впливатиме на майбутнє та проаналізувати сильні та слабкі сторони різних конкурентних стратегій.
ENG: The article considers the essence and role of financial analysis for assessing the activities of a jointstock company. The information base for conducting such an analysis is the financial statement, which is drawn up according to the National Provisions (Standards) of accounting and International Financial Reporting Standards. It is emphasized that the financial relations of a joint-stock company directly affect its development and financial policy. Financial analysis, in this case, is considered as a set of analytical procedures that are based, as a rule, on publicly available financial information and intended to assess the state and the efficiency in an economic potential usage of the organization, as well as the managerial decision-making on optimizing its activities or participation in it. The choice of the necessary analytical tool and the indicators framework that will ensure the comprehensive research and the enterprise’s presentation is fundamental to managerial decision-making. To analyze the company’s level of sustainable development it is proposed to use an analytical basis, which combines financial analysis with strategic management. Such an association is needed to explain the most important relations between variables in the strategic planning and financial variables, as well as to verify the compliance of objectives in the corporate growth and financial policy. The financial analysis allows us to determine the affordability of the company's existing opportunities for financial growth, establish how the company's financial policy will affect the future, and analyze the strengths and weaknesses of the company's competitive strategies. The results of financial analysis can be used to predict future situations, substantiate the projected plans, develop the company's strategy and development tactics, assess investment projects, etc. The financial analysis allows concluding the efficiency of resource use, evaluating the profitability and financial stability of the entity, establishing its competitive positions in the market, as well as quantifying the level of risk of actviity and competitiveness.
ENG: The article considers the essence and role of financial analysis for assessing the activities of a jointstock company. The information base for conducting such an analysis is the financial statement, which is drawn up according to the National Provisions (Standards) of accounting and International Financial Reporting Standards. It is emphasized that the financial relations of a joint-stock company directly affect its development and financial policy. Financial analysis, in this case, is considered as a set of analytical procedures that are based, as a rule, on publicly available financial information and intended to assess the state and the efficiency in an economic potential usage of the organization, as well as the managerial decision-making on optimizing its activities or participation in it. The choice of the necessary analytical tool and the indicators framework that will ensure the comprehensive research and the enterprise’s presentation is fundamental to managerial decision-making. To analyze the company’s level of sustainable development it is proposed to use an analytical basis, which combines financial analysis with strategic management. Such an association is needed to explain the most important relations between variables in the strategic planning and financial variables, as well as to verify the compliance of objectives in the corporate growth and financial policy. The financial analysis allows us to determine the affordability of the company's existing opportunities for financial growth, establish how the company's financial policy will affect the future, and analyze the strengths and weaknesses of the company's competitive strategies. The results of financial analysis can be used to predict future situations, substantiate the projected plans, develop the company's strategy and development tactics, assess investment projects, etc. The financial analysis allows concluding the efficiency of resource use, evaluating the profitability and financial stability of the entity, establishing its competitive positions in the market, as well as quantifying the level of risk of actviity and competitiveness.
Description
О. Toporkova: ORCID 0000-0003-0956-3638; L. Shylo: ORCID 0000-0003-3235-1377
Keywords
фінансовий аналіз, акціонерне товариство, фінансові коефіцієнти, ліквідність, фінансова стійкість, рентабельність, ділова активність, financial analysis, joint-stock company, financial ratios, liquidity, financial sustainability, profitability, business activity, КОІО, КФОП
Citation
Шило Л. А., Топоркова О. А. Фінансовий аналіз діяльності акціонерних товариств. Інфраструктура ринку. 2022. № 64. С. 82–88. DOI: 10.32843/infrastruct64-14.