Bìznes Inform (May 2018)
The Monitoring of Indicators of Formation and Use of Financial Resources of Industrial Enterprises
Abstract
The article is aimed at researching the main aspects of monitoring the indicators of financial performance of enterprise. The importance of analyzing and monitoring the financial status of production enterprises in favor of their economic development and stability has been proved. The stages of financial monitoring process are analyzed, a list of its tasks on estimation of the financial condition of enterprise, development of its model and measures on effective use of its resources is defined. The indicators of profitability analysis are considered and the essence of both horizontal and vertical directions of analysis of financial activity of enterprise is disclosed. The importance of determining the financial status of enterprise for the financial management based on the use of financial statements is indicated. The necessity of research on the process of formation and use of profit is substantiated, proposals as to improvement of financial activity management with the purpose of its normalization and efficiency increase are presented.