The specifics of using financial analysis techniques for the purpose of identifying and documenting criminal bankruptcy

Introduction: the article deals with topical issues of using financial analysis tools in order to identify and document illegal acts, the responsibility for which is provided for by articles 195, 196 and 197 of the Criminal Code of the Russian Federation. In the process of identifying and documenting intentional and fictitious bankruptcies, illegal actions in bankruptcy, the results of documentary studies related to the financial analysis of the activities of an economic entity acquire key importance. And it is the effectiveness and the ability to formulate unambiguous conclusions based on the results of such a study that determines the success of proving the category of criminal acts under consideration. Materials and methods: the research methodology is based on the use of methods of materialistic dialectics. When conducting a study, the results of which are summarized in this scientific article, a set of general scientific, special and private methods for studying economic processes and phenomena determined by the commission of acts aimed at creating conditions for artificial insolvency of business entities was used. The theoretical basis of the study was the current legislative and regulatory legal acts in the field of recognizing an economic entity as insolvent (bankrupt), as well as regulating certain issues of the operational activities of specialist auditors of economic security and anti - corruption departments of internal affairs bodies, published results of scientific and applied research on a similar issues. The Results of the study: the article contains a set of provisions aimed at identifying the problems of the current legislation of the Russian Federation in the field of insolvency (bankruptcy); describes the methodology for conducting a study of accounting documents and accounting (financial) statements, corresponding to the specifics of identifying and proving signs of illegal actions in bankruptcy, fictitious and deliberate bankruptcies. Findings and Conclusions: the study made it possible to develop proposals aimed at employees of the departments of economic security and anti - corruption of the internal affairs bodies on the use of methods and techniques of financial analysis in order to identify and prove crimes under Art. Art. 195, 196, 197 of the Criminal Code of the Russian Federation.