THE ROLE OF FINANCIAL STATEMENTS IN INCREASING THE EFFICIENCY OF THE COMPANY MANAGEMENT ACTIVITIES

Аннотация

Every year, in order to improve the modern economy, it is necessary to improve the company's
activities for providing services, producing products and performing works. The main tasks facing companies are to
improve the conditions of transportation of manufactured products, high efficiency of the service sector, and their
quality. To achieve these goals, an important role is played by evaluating the company's financial performance. This
will help to develop a strategic plan for the company's development and provide a full explanation of decisions and
their implementation, as well as search for sources for improving the main indicators of financial and economic
activity.
Currently, in assessing the company's performance, it is necessary to conduct a policy of evaluating the results
of its financial and economic activities, including monitoring the activities of partners and competitors. Assesses how
much they guarantee the economic interests of the company and its partners, determining the state of business
activity, reliability, competitiveness and business cooperation as an important part of the effective and sustainable
functioning of the company's financial position. After conducting a financial analysis of the company's activities, you
can see the most important aspects of its financial condition and in what direction you need to work. After
conducting a financial analysis of the company's activities, work was carried out to determine the most powerful and
key aspects of the company's financial condition. Using the results obtained, we have identified many effective ways
to improve the financial condition of the company's operations. The main purpose of this analysis is to timely
identify and eliminate deficiencies in financial performance, find ways to prevent and eliminate them, and find
sources for improving the company's financial condition.