THE CONCEPT OF SYSTEMATIZATION OF FINANCIAL RESULTS OF THE ENTERPRISE: ACCOUNTING AND ANALYTICAL ASPECTS OF ENSURING

Abstract

Formulation of the problem. Understanding the essence of the financial results of enterprises and using effective management decisions regarding their future development is a key guarantee to increasing the efficiency of organizations. One of the most pressing issues related to accounting, analysis and audit of financial results in the conditions of competitive environment is the conceptual aspects of their classification. The functioning of an enterprise largely depends on its ability to bring a sufficient level of income. The aim of the research is to define the concept of systematization of financial results of the enterprise in order to further improve the efficiency of accounting and analytical work of the organization, identify problems in the interpretation of the concept of «financial results» in order to improve their accounting, analysis and audit. The subject of the research is conceptual aspects of classification of financial results of domestic enterprises. The methods of the research: comparison, juxtaposition, systemic and analytical approaches, mean values, generalization and classification, dialectical and formal logic. The statement of basic materials. The article identifies the peculiarities of classification of financial results of the enterprise, defines existing shortcomings in the regulatory and legislative regulation of Ukraine regarding the terminology of financial results of the company, examines and summarizes approaches to the interpretation of the concept of «financial results», evaluates and analyzes the financial results of domestic business entities, measures are proposed to improve accounting, analytical and audit procedures for financial results and improve the business performance of organizations. The practical significance of the research lies in the possibility of applying the recommendations provided to improve accounting, analytical and audit procedures for financial results and improve the business efficiency of domestic enterprises. Conclusions and perspectives of further research. Classification of financial results of enterprises is the starting point for building their accounting, analysis and audit, but existing approaches to systematizing financial results contain many contradictory points, and therefore are imperfect. Classification features should cover a comprehensive study of financial results and ensure that they are grouped in the right context. The offered classification of financial results for the use of accounting, analysis and audit will increase the efficiency of accounting and analytical activities of organizations.