Main methods for forecasting bankruptcy on example of Nurkeldi Kurulush LLC

Research relevance: bankruptcy forecasting is one main criteria for evaluating the activities of a commercial organization, in terms of financial condition, is the question of its ability to function in modern economic conditions. Research objectives: to define concept of bankruptcy, as well as to offer their own vision on the definition of bankruptcy. Research materials and methods: the article discusses methods for determining bankruptcy based on calculations, proposed by well-known Western economists. Research results: the application of foreign models to the financial analysis of domestic enterprises requires caution, as they do not take into account the specifics of the business. Conclusions: in connection with bankruptcy forecasting, there is a need to develop domestic models, taking into account the specifics of industries and the macroeconomic situation.