Current issues of improving the methods of financial status analysis

An analysis of the financial status of a commercial organization is one of the important aspects in assessing the efficiency of business as a whole. The results and conclusions of financial status analysis are primarily necessary for business owners and managers to develop an operating plan of decreasing the probability of potential bankruptcy. The results of financial status analysis are also necessary for investors to make investment decisions, creditors to assess the creditworthiness of borrowers, suppliers and contractors to reduce business risks. In this regard, issues related to improving the methods for conducting financial status analysis become relevant. The article identifies the problems that to one extent or another complicate the interpretation of the results of financial status analysis and can affect the objectivity of the conclusions.