ASSESSMENT OF FINANCIAL CONDITIONS OF AGRICULTURAL ENTERPRISES USING THE PROGRAM "AUDIT-EXPERT"

Abstract

The article describes the methodology for analyzing the financial situation of an economic entity based on a software product, including a study of a wide range of issues - in particular, liquidity and solvency of an enterprise, its financial stability, turnover and profitability, cash flows, capital, etc. As the main source of information when calculating financial ratios in analytical computer programs, the financial statements of the enterprise are used. The article examines in detail the analytical capabilities of the computer program Audit Expert for the analysis and assessment of the financial condition of the agricultural enterprise. The technique of application of standard possibilities of this system for an estimation of the financial factors calculated on data of the balance sheet and the report on profits and losses is stated. The methodology of factor analysis of return on equity is described in more detail. Carrying out the analysis according to the method developed by DuPont is one of the examples of the factor analysis system, which allows to give a comparative description of the main factors affecting the financial indicator. It should be noted that the high value of the return on equity is not necessarily equivalent to a high return on the capital invested in the enterprise. When making financial decisions, it is necessary to focus not only on this indicator, but also take into account the market value of the enterprise. The article also shows the possibility of implementing a methodology for assessing and analyzing the financial and economic activities of an agricultural enterprise by drawing on additional analytical indicators that the user can enter into the computer program of the Audit Expert. It is determined that this approach makes it possible to use when creating your own methodology for analyzing the initial data of any economic entity or structure.