ANALYSIS OF SOLVENCY AS A FACTOR OF FINANCIAL STABILITY OF SMALL BUSINESSES
Journal Title: Проблеми системного підходу в економіці - Year 2017, Vol 2, Issue 58
Abstract
The article is dedicated to the small business, which is one of the most fundamental system components of market economy and economic indicators of business activity. Research is extremely relevant, because of the political instability, the inconsistency of the legislative framework that have taken place in our country, primarily influence on small businesses. The main attention is concentrated on the statistical analysis of small enterprises’ financial state in Odessa region. Based on the research and analysis of scientific papers and publications of known scientists, economists and other experts in the field of accounting and economic analysis the statistics assessment of results of activity of small enterprises for 2013-2015 was done and definition of solvency was also given The analysis of the solvency of various industries and the connection of these indicators with income was conducted. The number of factors, that affect the performance of the financial statements and the results of analysis conducted on its basis were determined. The article deals with the topical issue of the reliability of the financial statements in the context of a possible underreporting of profit for the illegal tax optimization, highlighted the causes that can induce a business to such steps. It is proposed to increase the role of government regulation to ensure the sustainable development of small businesses. The necessity of internally corporate analysis of major economic indicators to ensure stable operation of the enterprise is also justified.
Authors and Affiliations
O. V. Ivannikova
Keywords
Related Articles
- EP ID EP634383
- DOI -
- Views 112
- Downloads 0
SPECIFIC ASPECTS OF THE STUDY OF GENDER DISTRIBUTION OF THE POPULATION IN UKRAINE AND ITS EFFECT ON THE ECONOMY
The purpose of the paper is to identify the gender peculiarities of the distribution of the population of Ukraine and to study their impact on the national economy taking into account regional aspects. The analysis of th...
ANALYSIS OF PROBLEMS AND CONTRADICTIONS IN THE PROCESS OF STATE PROPERTY PRIVATIZATION
The article summarizes the process of privatization of state property in Ukraine, which lasted for almost 30 years. Privatization took place in several stages and had different forms. The modern economic model of the Ukr...
MANUFACTURING COMPANY ANTI-CRISIS POTENTIAL ENTERPRISE
The article deals with the theoretical and practical aspects of ensuring sustainable development, sustainable competitiveness, and increasing the efficiency of the operation of enterprises in conditions of the instabilit...
PECULIARITIES OF FORMATION OF THE FINANCIAL AND ECONOMIC SECTOR OF LOCAL AUTHORITIES IN UKRAINE
Public administration and local self-governance are fundamental to the functioning of democratic countries. At present, the situation concerning the implementation of specific proposals for improving the system of public...
ACCOUNTING OF VALUATION AND REVALUATION OF REAL ESTATE OF VENTURE FUNDS
Increase of competition and investment in risk projects requires a creation of a single information space for making managerial decisions concerning the possibility of correction of the strategy of venture funds manageme...