Factorial analysis of an Indicator "Net Profit" for justification of Dividend Policy of Joint-Stock Company in the conditions of inflation: domestic practice and foreign experience

Abstract

Results of researches of the authors from a position of an assessment of informational content of domestic and foreign techniques of the factorial analysis of an indicator «net profit» for justification of dividend policy of joint-stock company are presented in the article. «Narrow» places of the studied techniques owing to which inevitably there are distortions of results of the analysis of key indicators of financial statements of the organization in the conditions of inflationary processes are designated. The authors’ modified technique of the factorial analysis of an indicator the «net profit» providing minimization of possible distortions of results of the analysis and higher informa-tional content of professional judgments for justification of dividend policy of joint-stock company is offered.

Keywords

• net profit
• joint-stock company
• technique of the factorial analysis
• inflation
• professional judgments
• purchasing power of monetary unit
• financial statements of the organization