CONSTRUCTION OF MODIFIED EVALUATION MODELS FINANCIAL CONDITION OF ORGANIZATIONS
Abstract and keywords
Abstract (English):
The article presents the results of calculations of the system of financial and economic indicators of the enterprises of machine building and food industry of the Central Federal District of the Russian Federation. The estimation of the probability of bankruptcy of enterprises according to Saifulin-Kadykov’s models and the Irkutsk State Economic Academy made it possible to reveal distortion of results for “problem” enterprises. On the basis of the analysis, the assumption was made that the models considered could be improved by replacing the return on equity ratio with the ratio of retained earnings to the value of the balance sheet total. Approbation of the modified models showed their high predictive characteristics.

Keywords:
assessment of financial condition, discriminant analysis, forecast of bankruptcy probability, financial reporting, modeling.
Text

Современные экономические условия, в которых функционируют предприятия, характеризуются высоким уровнем неопределенности и динамичности факторов внешней среды.

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