Description of the Analysis of Financial and Commercial Activities, Examination of the Reliability of Economic Calculations
Analysis of financial and commercial activities and examination of the reliability of economic calculations consists of the following:
1. Analysis of financial and commercial activities in order to develop optimization programs.
2. diagnosis of the company's economic state, efficiency of its financial and commercial activities and the financial results of its activities.
Comprehensive financial analysis entails:
- analysis of financial statements;
- assessment of property status, financial stability, liquidity, solvency and business activities;
- analysis of spending and cost Price, and of production volume;
- assessment of the status and dynamics of accounts receivable and accounts payable;
- analysis of capital structure and efficiency;
- quantitative assessment of the level, dynamics and structure of earnings indicators and identification of factors and reasons for changes in indicators;
- profit, expenses and production volume analyses;
- analysis of cash flows;
- analysis of the use of borrowed funds;
- analysis of financial statements.
- assessment of property status, financial stability, liquidity, solvency and business activities;
- analysis of spending and cost price, and of production volume;
- assessment of the status and dynamics of accounts receivable and accounts payable;
- analysis of capital structure and efficiency;
- quantitative assessment of the level, dynamics and structure of earnings indicators and identification of factors and reasons for changes in indicators;
- profit, expenses and production volume analyses;
- analysis of cash flows;
- analysis of the use of borrowed funds.
3. Identification of reserves to improve financial condition and results and increase efficiency throughout the business;
4. Internal management analysis and express diagnosis of the company's financial condition. This is a reliable resource for decision-making in real time for company leadership under circumstances of rising competition and threat of bankruptcy. The main task is to identify problematic situations and generate recommendations for the development of anti-crisis measures.
This analysis creates well-founded, accurate and independent information on supply, procurement, production (operational), organizational and marketing activities and includes:
- investigation of efficiency dynamics during usage of fixed and working capital;
- investigation of the relationship between volume, price cost and profit indicators;
- detailed analysis of commercial and administrative expenses;
- generation of recommendations for strengthening supervision of operating costs;
- structuring systems of payment and overhead costs;
- other analytical procedures characteristic of the specific nature of the company's activity.
THE COMPREHENSIVE FINANCIAL AND COMMERCIAL ACTIVITY ANALYSIS SERVICE FOR PROGRAM OPTIMIZATION consists of two stages:
1. Analysis of tax calculation procedures and generation of tax bases as a result of financial and commercial activities that year:
- analysis of the formation of taxable base for income tax, VAT and payments to non-budgetary funds;
- analysis of complete use of the organization's potential tax exemptions;
- identifying correlational dependence between performance for the year and amount of tax payments;
- construction of a model to analyze the relationship between results of financial and commercial activities for that year. Previous stages of analysis looked at the organization's individual activities - at this stage the compiled results are generalized in order to determine the efficiency of the organization as a whole. This is done with particular emphasis on comparing income and amount of tax payments;
- construction of a predictive model of activity in the current and following years while preserving the main trends and current pattern of activity.
2. Identification of the most efficient activity structure aimed at optimizing tax payments:
- generalization of results obtained in previous stages of analysis;
- identification of the most efficient form of activity;
- construction of a model of activity meant to optimize tax payments;
- development of activity schematics for the organization with an aim to optimize tax payments.