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MULTIMETHODOLOGY FOR ANALYSING FINANCIAL STATEMENTS OF ENTERPRISES ON THE EXAMPLE OF RUSSIAN FUEL AND ENERGY COMPANIES' CURRENT ASSETS |
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| รหัสดีโอไอ | |
| Creator | Oksana V. Moshchenko, Aleksandr V. Smetanko, Elena V. Glushko, Olga Yu. Gavel, Garry A. Kashper |
| Title | MULTIMETHODOLOGY FOR ANALYSING FINANCIAL STATEMENTS OF ENTERPRISES ON THE EXAMPLE OF RUSSIAN FUEL AND ENERGY COMPANIES' CURRENT ASSETS |
| Contributor | - |
| Publisher | TuEngr Group |
| Publication Year | 2562 |
| Journal Title | International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies |
| Journal Vol. | 10 |
| Journal No. | 18 |
| Page no. | 10A18K: 1-10 |
| Keyword | Companies' financial statements, Advantages of time and structural analysis, Company's economic situation, Financial analysis, Structural analysis, Time analysis, Current assets, growth rate, Fuel and energy sector, Oil and gas industry. |
| URL Website | http://tuengr.com/Vol10_18.html |
| Website title | ITJEMAST V10(18) 2019 @ TuEngr.com |
| ISSN | 2228-9860 |
| Abstract | The lack of a comprehensive study of issues related to the analysis of companies financial statements and economic activity, as well as the existence of a number of issues with no sufficient coverage, such as the dynamics of operating assets of fuel and energy companies, which are commonly analyzed on the basis of absolute indicators, not considering their share in company's total assets, makes it impossible to evaluate the dynamics of company's economic situation, including in terms of the lag between structural and temporal analysis. This study aims to develop and test a multimethod ology combining the advantages of time and structural analysis in order to analyze current assets of Russian fuel and energy sector companies. The article examines the shortcomings of the existing economic analysis methods and proposes a methodology for analyzing the companies' financial statements (index analysis). The analytical tools and methods for visualizing the results are described. The approach has been tested at random values in order to increase representativeness. An analysis of Russian fuel and energy companies' current assets served as a basis for testing the developed theoretical and methodological provisions. The causes of the dynamism of current assets components in the period from 2013 to 2017 have been identified. The advantages and disadvantages of the developed approach are listed. Based on the results of testing, this approach can be considered as applicable to Russian companies reporting. |
