Analysis of financial condition of LLC ServiceCom

INTRODUCTION

The generalizing characteristic of activity of enterprises, organizations, taking into account changing external and internal conditions is their financial condition. The financial condition of economic entities is an estimated indicator of the provision of necessary financial resources for the implementation of effective economic activity and timely performance of monetary settlements on their obligations; this economic category characterizes the financial competitiveness of the enterprise, the use of financial resources and capital, the performance of obligations to the state and other economic entities.
It is possible to evaluate the financial condition on the basis of a set of indicators: financial stability; liquidity, business activity. But at the same time, the results obtained by these groups of indicators may contradict each other - an increase in the value of one indicator leads to an undesirable decrease in the value of another, etc. The most objective and accurate picture of the financial condition of the enterprise, its profits and losses, changes in the structure of assets and liabilities, in settlements with debtors and creditors can be obtained as a result of analysis and evaluation of the financial condition of economic entities.
The analysis of financial condition is a deep, scientifically grounded research of financial relations and movement of financial resources in a single production - trading process. The main purpose of the analysis is to identify and address deficiencies in financial activity in a timely manner, to identify the threat of financial failure or even bankruptcy, what financial consequences may arise as a result of certain economic decisions, as well as what difficulties may arise in the near future. At the same time, an assessment is made of how effective the management of the enterprise was in the last reporting period.
With this in mind, the analysis and assessment of the financial condition of business entities in the current operating environment is an actual direction, which was the basis for choosing the topic of the diploma research.
The purpose of the study is to analyze, assess the financial condition of the enterprise through a system of financial evaluation indicators, as well as identifying internal reserves for the growth of financial well-being and financial stabilization in the future.
In order to achieve this goal, it is necessary to solve the following tasks, which determined the structure of the coursework:
- to study economic content and essence of financial condition taking into account modern theoretical approaches and techniques, composition of indicators that determine the level of financial stability, liquidity and business activity;
- to analyze the financial state of a business entity and assess the efficiency of funds use;
- analyze capital dynamics and possibility of negative situations in the organization´s activity;
- to consider the main reserves for stabilization of financial condition and to develop measures for improvement of financial condition of the analyzed economic agent.
The object of research on the analysis of financial condition is the Limited Liability Company "ServiceCom".
The coursework is structured in two chapters, an introduction and a conclusion.
The theoretical chapter investigates the essence, characteristics of the financial state, the composition of indicators that determine the level of the financial state from crisis to stable (stable). Modern approaches and techniques in assessment of financial condition are also considered.
The analytical chapter of the graduate qualification work is based on materials of LLC "ServiceCom". According to the financial statements - Balance Sheet (Form No. 1), Profit and Loss Statement
(Form No. 2), the financial position of the organization for 2015-2016 has been analyzed and assessed. - the indicators of liquidity, financial stability, business activity, as well as prop