Accounting and analytical support of financial results management

This article considers the issues of accounting and analysis of financial results review of financial results, calculation procedure, the importance of analyzing absolute and relative indicators of profitability and factors influencing them. Five main types of financial results are identified and schemes of their formation are proposed. New rules of determination of net profit for reflection in financial statements, in particular, in the report on financial results are considered. In the course of the study, the authors analyzed the absolute indicators of financial results for 2016-2018. MP «Children’s food station», made conclusions about the positive results of the main activities of the organization. Along with profit indicators, profitability (profitability) indicators are often used. The authors analyzed the dynamics of relative profit indicators and considered the method of factor analysis of return on equity for DuPont and the possibility of its application for MP «Children’s food station». The recommendation is given to calculate the profitability of products and assets as selection criteria for on-site tax audits. It is concluded that the need for informal approaches to the use of the results of analytical calculations in the real management of the organization.