UDC 338.244.4
Authors
Sadygov E. M.,
Doctor of Economics, Professor, department of Finance and Financial Institutions, Azerbaijan State University of Economics
Azerbaijan Republic, Baku
Abstract
Data from the Income Statement and the Statement of Changes in Equity are used to analyze the financial results of operations, the structure and areas of use of the profit received. When a business entity receives profit, it is necessary to analyze the formation, distribution and use of profit, as well as to identify reserves for its growth. To assess the results of the business entity's activities, profitability indicators are calculated. In the process of analyzing the profitability of enterprises subordinate to state bodies, the assessment of the implementation of the completed indicators of the forecast of socio-economic development is carried out, their dynamics, factors of changes in their level are studied and reserves for profitability growth are determined. To assess the effi-ciency of using the funds of a business entity, an analysis of business activity is carried out, which consists in studying the dynamics of turnover coefficients.
Keywords
financial result, profit, capital, profitability, turnover coefficients.
