Issues of conducting system analysis according to the financial statements

Abstract

As a result of studying various literary sources, it was revealed that the use of existing
tools and the system analysis indicators calculated according to the financial statements distort its results.
The necessity of improving existing approaches to the methodology of preparing an information-analytical
base for conducting systematic assessment and analysis of the financial condition of enterprises are
substantiated, as well as the need to take into account the essentially specific industry-specific features
of the functioning of business entities. In this regard, it is proposed to calculate individual indicators
taking into account the characteristics of agricultural production. In particular, when calculating liquidity,
solvency and creditworthiness indicators, it is necessary to take into account long-term financial obligations
in the form of long-term loans received by agricultural enterprises for the purchase of machinery, as well as
equipment for processing agricultural products. In order to make a comparative assessment of the activity of
agricultural enterprises, it is necessary to create a system of industry average indicators in accordance with
the standards developed for each type of activity with their regular publication. The regulatory framework,
serving as an approximate guideline for agricultural enterprises, will be determined by special regulatory
centers operating by analogy with foreign rating agencies.