The importance of the financial condition of the organization in the context of modern management

This article is devoted to the role of the financial condition of an economic entity in the conditions of modern management. The importance of evaluating the financial performance of an organization in order to obtain information about its ability to function and develop in current market conditions is substantiated. It is noted in the work that competent financial management helps to increase profits, reduce costs and production costs and helps to create a reputation as a reliable and solvent business partner.