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The role of computer programs for analysis of the financial and economic condition of the enterprise

Title: 


The role of computer programs for analysis of the financial and economic condition of the enterprise


Authors: 


SPIVAK, Serhii
DIDYK, Iryna
SKURSKIY, Taras
ZHYTKO, Olya


Affiliation: 


Ternopil Ivan Puluj National Technical University, 56 Ruska str., 46001, Ternopil, Ukraine


Bibliographic description (International): 


Spivak, S., Didyk, I., Skurskiy, T. & Zhytko, O. (2021) Rol kompiuternykh prohram dlia analizu finansovo-hospodarskoho stanu pidpryiemstva [The role of computer programs for analysis of the financial and economic condition of the enterprise]. Sotsialno-ekonomichni problemy i derzhava [Socio-Economic Problems and the State] (electronic journal), Vol. 25, no. 2, pp. 702-707. Available at: http://sepd.tntu.edu.ua/images/stories/pdf/2021/21ssmgsp.pdf


Journal/Collection: 


Socio-Economic Problems and the State


Issue: 


2(25)


Issue Date: 


Nov-2021


Submitted date: 


Oct-2021


Date of entry: 


3-Oct-2022


Publisher: 


Ternopil Ivan Puluj National Technical University


Country (code): 


UA


Place of the edition/event: 


Ternopil


ORCID Id: 


https://orcid.org/0000-0002-7160-2151


DOI:


UDC: 


https://doi.org/10.33108/sepd2022.02.702

 

658:657.37


JEL: 


С88
М11


Keywords: 


analysis
computer programs
financial condition
management


Number of pages:

 

6


Page range: 


702-707


Start page: 


702


End page: 


707


Abstract: 


Modern information technologies and their impact on the analysis of financial activities of the enterprise are examined in the article. The analysis of software products is carried out. The most widespread applied automated programs for the analysis of a financial and economic condition and management of the enterprise which are applied in the conditions of the modern market are resulted. The main functions of computer programs used for analytical research in various enterprises and their general characteristics are described. Due to high-speed digitalization there is a general change in the conduct of business accounting, accounting, reporting, financial analysis, which are an integral part of the operation of enterprises. The introduction of automation of financial analysis of the enterprise is justified. It is determined that computer technology has greatly simplified the collection, generalization, transmission, maintenance of information, as well as increased the accuracy and efficiency of its analysis. It is characterized that modern IT-technologies make it possible to analyse process at the enterprises more accurately, faster, qualitatively that increasees efficiency of the enterprise’s financial analysis which occurs due to the analysis terms reduction, use of considerable quantity of information on financial and economic activity, calculation mistakes decrease, various uses of modeling and optimization methods. It is established that the current information and communication technologies establish the need for constant improvement of analysis and accounting in enterprises, which will make the process of conducting them competitive, more efficient and high quality, as well as simpler and cheaper. Based on the comparative assessment of software products available on the market, it is determined which of them are the most optimal for large, medium and small enterprises. The directions of further scientific researchers are defined.


URI: 


http://elartu.tntu.edu.ua/handle/lib/38852


ISSN: 


2223-3822


Copyright owner:


Електронне наукове фахове видання «Соціально-економічні проблеми і держава»


URL for reference material: 


http://sepd.tntu.edu.ua/images/stories/pdf/2021/21ssmgsp.pdf


References (International): 


1. Zaroslo A. P. (2016). Suchasni informatsiyni tehnologiyi dlya analizu gospodarskoyi diyalnosti pidpyemstv. [Modern information technologies for the analysis of economic activity of enterprises ] Ekonomichniy visnik. 2016. № 4(04). pp. 82-86.
2. Kolberg, K. (2008) Biznes-analіz za dopomogoyu Project Expert [Business analysis with Project Expert]. Vilyams. 2008. pp.448.
3. Moskalenko, V. P. (2009) Kompleksna otsinka finansovogo stanu pidpryemstva yak osnova diagnostiki yogo bankrutstva. [Comprehensive assessment of the financial condition of the enterprise as a basis for diagnosing its bankruptcy]. Aktualni problemy ekonomiky / V.P. Moskalenko, O. L. Plastun. 2009. № 6. pp. 180-192.
4. Oliinyk, O. V. (2008). Rozvytok ekonomichnogo analizu v umovah instytutsiinyh zmin [Development of economic analysis in the conditions of institutional changes]: monografiya. Zhitomir: ZhDTU, 2008. pp. 653. (in Ukrainian)
5. Sokolova, G. N. (2012). Informatsiini tehnologii ekonomichnogo analizu [Information technologies of economic analysis]. K.: LIBRA. 2012. pp.320. (in Ukrainian)


Content type: 


Article


Appears in Collections:


Scientific Journal "Socio-Economic Problems and the State" Vol 2(25)

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