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Audit and tax consulting

Analysis of financial and economic activities

Objectives of the analysis:
Analysis of organization’s financial and economic activities means in-depth science based study of organization’s activities to improve its performance. Analysis of financial and economic activities is based on the integrated and system approaches.

The subject matter of financial and economic analysis of organization’s activities is organization’s business. The objective of financial and economic analysis of organization’s activities is improvement of its business performance.

Financial and economic analysis comprises the study of behavior of organization’s economic processes and factors that determine such behavior that allow us to develop  well-targeted organization’s activity plan and objectively appraise its business performance results. We can perform the holistic financial and economic analysis of organization: from analysis of its operating resource efficiency to analysis of its financial performance results.

Scope of work:
•    Analysis of production and sales of goods (works, services).
•    Analysis of expenses for production and sales of goods (works, services).
•    Analysis of utilization of labor resources.
•    Analysis of fixed asset utilization efficiency.
•    Analysis of material resource utilization efficiency.
•    Analysis of impact of fixed asset utilization efficiency on production of goods (works, services).
•    Analysis of financial performance results.
•    Analysis of organization’s financial status to determine its business solvency.
Work product:
Detailed report on analysis of financial and economic activities of customer’s organization containing description of the work performed, the analytical tables, the conclusions and the action-oriented recommendations based on the analysis results.
Upon agreement between the parties, organization’s financial and economic analysis can be accompanied with support in implementation of required software, and the system of actions aimed to improvement and enhancement of organization’s financial status can be developed.