Theoretical approaches to assessing the financial condition of organizations: advantages and disadvantages

The relevance of the research topic is determined by the fact that it is the assessment of the financial condition of organizations that is an important tool in the modern economy. Enterprises, banks, investors and a number of other market participants need objective and reliable information about the current financial situation of companies for making informed decisions. The article reveals the scheme for assessing the financial condition of organizations, theoretical assessment approaches, as well as the main problems that business entities face when conducting an assessment in a modern economy.