МETHODOLOGICAL TOOLS FOR CORPORATE REPORTING ANALYSIS

Abstract

Modern conditions for managing the activities of organizations necessitate the search for reserves, the implementation of which can ensure sustainable current and strategic business development. A reliable tool for substantiating effective management decisions of the management and managers of companies is analysis, which forms an objective assessment of a whole range of indicators, the information base for calculating which is corporate financial and non-financial reporting. The methods of analyzing individual financial statements are well known, and processing its data using special computer software modules and modern data processing equipment makes this work relatively simple, which usually covers areas such as analyzing financial position, financial results, profitability, liquidity, cash flow and the use of net profit. The situation is similar with the analysis of the consolidated financial statements of a group of companies, which are prepared according to international standards. At the same time, the information disclosed in corporate non-financial statements requires the development of special analysis techniques, and the lack of generally accepted standards for its compilation leads to the search for individual methodological approaches, taking into account the specifics of the activities of reporting market entities.