Procedure and problems of regulatory regulation of the analysis of the financial condition of the debtor company in the bankruptcy procedure

In modern economic conditions, the activities of commercial entities are carried out in conditions of high risks, hence, as a consequence, the probability of their loss of solvency and bankruptcy is significant. The current Russian legislation regulates the main elements of the methodology for analyzing the financial condition of enterprises in respect of which bankruptcy proceedings have been initiated, primarily for the purpose of assessing the possibility (impossibility) of restoring solvency and identifying signs of criminal bankruptcies. The article considers the features of the analysis of the financial condition of debtor enterprises in accordance with regulatory acts, summarizes the main problems that arise during its implementation and evaluation of the results obtained.