Assessment of the efficiency of using financial resources at JSC Yakutsk Poultry Farm

Abstract

The current state of industrial enterprises largely depends on internal and external conditions, tasks and management methods, and the state of financial resources. In the conditions of uncertainty of the economic environment, rapidly changing pricing policy, and, as a consequence, the need to diversify, enterprises are required to rationalize management finances. Being the main link in the financial system, commercial organizations participate in the formation of primary incomes of the state, strengthen macroeconomic parameters, promote employment of the population, which also has a favorable effect on the investment climate in the country. Financial management of commercial organizations is implemented through working capital management, financial diagnostics and control, etc., which should ensure the stability of enterprises in various industries and areas. The main task that contributes to the effective operation of organizations is the identification and use of reserves to increase the volume of their own financial resources (profit, formation of depreciation charges). The use of various tools that contribute to the rationalization of expenses, costs, optimization of cash flow management allows you to identify reserves for profit growth. This article examines the role of financial resources in creating a solid financial base for enterprises, which is consistent with the relevance of the chosen research topic. The purpose of the study is to validate management decisions based on the analysis of financial resources using the example of JSC Yakutsk Poultry Farm. The methodological basis of the study is based on generally accepted methods, including comparative, trend, deductive, the method of calculating profitability indicators, financial coefficients. As well as the taxonomic method and the sum of places method, which are rarely used in research practice. The information basis of the study is scientific papers, statistical data, periodicals, electronic resources, financial statements and other regulatory documents of JSC Yakutsk Poultry Farm