The Application of Systemic-cognitive Analysis in the Industry Forecasting the Financial Situation of Enterprises (for Example Construction Industry)
Year: 2019
Type: article
Abstract: The article is devoted to the development of an industry model for assessing the financial position of enterprises using the method of automated system-cognitive analysis. It is proved that the existing models have not enough high prognostic ability regarding the financial position of enterprises in a particular industry. The models do not take into account the peculiarities of the financial reporting structure, which directly depends on the specifics of the field of activity. In the sample of the study included domestic construction companies. On the basis of their balance sheets identified the main financial signs of bankruptcy and economic prosperity. In addition, a reliable model for assessing the financial situation has been developed.
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4214730833