DEVELOPMENT OF THE METHODOLOGY OF FINANCIAL ANALYSIS OF AGRICULTURAL ORGANIZATIONS

Issue № 7, 2024, article № 2, pages 15-23

Section: International relations and world agricultural experience

Language: Russian

Original language title: РАЗВИТИЕ МЕТОДИКИ ФИНАНСОВОГО АНАЛИЗА СЕЛЬСКОХОЗЯЙСТВЕННЫХ ОРГАНИЗАЦИЙ

Keywords: ANALYSIS OF FINANCIAL AND ECONOMIC ACTIVITIES, ASSET TURNOVER, PRODUCTION CYCLE, AGRICULTURE, FINANCIAL ANALYSIS

Abstract: The agricultural sector is a complex sphere that combines folk traditions, innovations and production. Every day agro-industrial complex is developing, and this is promoted by the government policy; in recent years, numerous reforms have been carried out, which led to the formation of efficient and stable agricultural production, capable of meeting demand of the population and exporting its products. The purpose of this paper is to develop provisions and recommendations to improve the methodology of analyzing the financial condition of agricultural companies, taking into account the characteristics of the industry. To achieve the goal, we used methods of scientific research, in particular: analysis, synthesis, deduction, induction, modeling, abstraction, analogy, methods of economic and statistical analysis, balance method, comparative methods, methods of expert evaluations, structural and dynamic analysis and methods of tabular and graphical data presentation. This paper identifies the main features of the financial analysis of the agricultural enterprise, the key trends in the development of the industry at present, as well as the factors that determine the financial position of this sector. Also, using the proposed adjustments due to the peculiarities of the rural winery enterprise, the financial analysis of the winery enterprise was carried out and conclusions were formulated. It was revealed that some factors are most strongly present in the organization under study, such as a long production cycle, assets of different degrees of liquidity, reflected in complex items of the balance sheet and others, and there are those that do not require adjustments.

Authors: Naumova Olga Alexandrovna