Financial analysis enterprise resources (on the example of the joint-stock company “Almazy Anabara”)

Abstract

The purpose of the study is to develop recommendations for improved efficiency of using company’s financial resources based on the analysis of the financial resources of Almazy Anabara AO. Financial resources are the basis for ensuring daily operations in a modern enterprise. Therefore, the relevance of the study of the issues related to the formation and use of financial resources of a modern enterprise increases. The importance of financial resource management lies in the fact that it implements the strategic goals and tactical objectives of an economic entity, and the fulfillment of its financial obligations is a tool for obtaining financial support from external investors. It is necessary to pay attention to the nature and economic content of financial resources. This issue is one of the least developed in thefinancial science. The practical importance of the issue implies a preliminary theoretical study of the nature and functions of financial resources. The relevance of the final qualification work lies in the fact that at present - in the period of the market economy - in Russia, the need for effective management of financial and economic activities of enterprises is increasing. Today, business entities independently determine the sources and resources of growth, and are responsible for their effective use. And this corresponds to the basic principles of the formation of financial resources, such as self-sufficiency, self-financing, etc. The management of financial resources together with the management of material and labor resources is one of the areas of activity of any subject of the market economy. The article analyzes the sources of formation and direction of the use of financial resources of Almazy Anabara AO Company, the purpose of which is to develop recommendations for improved efficiency of the use of financial resources of the company.