Financial analysis and its role in shaping the company's financial strategy

Economic analysis of any commercial enterprise is impossible to imagine without studying the financial component of its activities. As you know, Finance is the circulatory system of the economy, and therefore the importance and significance of the role of this category in modern conditions is difficult to overestimate. Consideration of the cause-and-effect relationships of financial flows can provide a key to understanding the existing problems in the enterprise, identify its strengths and weaknesses, as well as formulate the principles of its financial development and strategy for the long term. This task is possible thanks to a comprehensive financial analysis.