ANALYTICAL CAPACITY OF REPORT ON FINANCIAL RESULTS IN SYSTEM OF CONTROL OF FINANCIAL CONDITION OF ENTERPRISE

Abstract

For modern enterprises, financial analysis is of particular importance, since it allows the enterprise to function stably and prevent situations of financial insolvency (financial destabilization) or official bankruptcy proceedings. In the framework of financial analysis, accounting (financial) reporting is of key importance. Indicators of financial results are used in almost every block of financial analysis of the enterprise. Therefore, the reflection of information on financial results in the accounting (financial) statements must comply with the principles of reliability of information, its full reflection. The information should be sufficient to enable interested users to make economic decisions.