UDC 69.003
Authors
Keldibek B. Ermatov,
Kyrgyz National University named after J. Balasagyn
Abstract
This article discusses the problems of analyzing and assessing the profitability of a construction company in Kyrgyzstan in modern conditions. Research conducted in the context of preparing the article showed that the financial position of an organization is directly dependent on how quickly funds invested in assets turn into real money. In order to effectively use working capital, an enterprise needs to develop a working capital management policy, which helps to save working capital, increase production volumes, and increase profits. By managing current assets, the organization has the opportunity to be less dependent on external borrowed sources. The most important task, regardless of the scale of the crisis state of the organization, is to restore solvency for urgent financial obligations in order to prevent bankruptcy of the organization. It is also necessary to eliminate financial instability by increasing working capital and moving to a normal stage of solvency. The insolvency of an organization can be resolved in a fairly short period of time, but the reasons for its occurrence may remain unchanged if the enterprise does not become financially stable. After all, financial stability is one of the most important indicators of an organization’s economic activity.
Keywords
analysis, assessment, financial condition, solvency, economics, accounting, capital, contract, construction, implementation, capital investments, research, processes, system, double entry, accounts.
