Economic evaluation of results of the enterprise's production activity: essence and approaches

The article is devoted to the study of a key indicator of the economic evaluation of the results of an enterprise’s production activity - profit, which represents the net income of a business entity expressed in monetary form. Profit creates the basis of industrial, economic, scientific and technical development of the enterprise, social and economic development of its workforce. On the one hand, profit reflects the effectiveness of the work, and on the other, it becomes the main source of financial resources of the enterprise, forming equity. Consideration of the essence of profit as an economic category allows us to note that in scientific thought there are many interpretations of it by representatives of various scientific schools and modern scientists. There are also several differing approaches to determining profit, the main ones are: economic, accounting and entrepreneurial approaches. Within each of the approaches, various types of profit are considered. The amount of profit of the organization depends on various factors. Some of them have a direct effect, which can be determined using factor analysis; others - indirectly, through certain indicators. Identification of specific factors affecting profit, involves a more detailed study of the economic conditions of its formation. Accounting and optimization of the influence of certain factors can improve the financial results of the production activities of an economic entity.