Algorithm of Comprehensive Economic and Financial Analysis Taking into Account the Level of Risk Tolerance of the Enterprise

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Abstract

The paper focuses on the analysis of economic activity and financial condition of the enterprise, because it is one of the key management functions. High-quality economic and financial analysis allows the management of the enterprise to make balanced, reasonable management decisions, ensure the efficient use of resources and the achievement of strategic business development goals. The study identified the stages of the historical development of complex economic and financial analysis, presents the features of modern complex economic and financial analysis, indicates the shortcomings, and also developed the author's algorithm for complex economic and financial analysis at the enterprise, taking into account the risk tolerance of the enterprise. This paper presents an algorithm for complex economic and financial analysis that takes into account the level of risk tolerance of the enterprise. The relevance of the study is due to the need to adapt companies to modern conditions of an unstable market and the increasing importance of risk management, which is the key to successful functioning and increased competitiveness. The use of the proposed algorithm will allow the enterprise to make more accurate and sound management decisions, effectively use resources, monitor risks and increase its financial stability. It is important to note that this work focuses on the integration of risk analysis into the overall system of economic and financial analysis, which contributes to the formation of adaptive strategies that ensure sustainable development in a dynamic economic environment. The work is of interest both to theorists seeking to study the problems of risk analysis in more depth, and to practitioners who can use the proposed methods and approaches to improve the performance of their enterprises.

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About the authors

Valentina P. Alekseeva

Russian Presidential Academy of National Economy and Public Administration; Strategy LLC

Author for correspondence.
Email: alekseeva@finstr.pro

postgraduate student, General Director

 

Russian Federation, Moscow; Moscow

Lyudmila V. Zubova

Russian Presidential Academy of National Economy and Public Administration

Email: zl11@yandex.ru
SPIN-code: 2162-5563
Scopus Author ID: 693532

Dr. Sci. (Econ.), Associate Professor, Professor of the Department of Economics

Russian Federation, Moscow

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Supplementary files

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2. Fig. 1. Scheme of analysis of value creation factors

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3. Fig. 2. The system of indicators of the integrated AFHD

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4. Fig. 3. An example of a scheme for implementing an algorithm for complex economic and financial analysis at an enterprise, taking into account risk tolerance.

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5. Fig. 4. Risk map

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