NAVIGATING THROUGH UNCERTAINTY: FINANCIAL ANALYSIS IN ECONOMIC INSTABILITY
DOI:
https://doi.org/10.47390/SPR1342V4SI1Y2024N12Keywords:
economic instability, financial analysis, liquidity, solvency, profitability, financial reporting, risk analysis, opportunity analysis, management accounting, strategic planning.Abstract
This article discusses the importance and necessity of financial analysis for enterprises and organizations in conditions of economic instability. The analysis is aimed at an in-depth study of the financial position of the enterprise, assessing liquidity, solvency, profitability indicators and developing an economic risk management strategy. The article highlights the role of financial statement analysis, risk and opportunity analysis, as well as management accounting in conditions of economic instability. This analysis serves as a key guide for businesses to develop clear and effective strategies for survival and growth.
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