Bufatina I. Informational and methodological grounds for compiling and analyzing financial statements of enterprises

Object of research: production and trading enterprises of Ukraine. The purpose of research: feasibility study of theoretical and scientific-and-methodological provisions as well as development of practical recommendations on improvement of financial statements, and analysis and forecasting of the main indicators thereof under conditions of the economy reformation in Ukraine. Methods: analysis and synthesis, direct monitoring, social survey, abstraction, finding the analogy sampling, specification, grouping, matching; economic logistics method, the method of statistical generalisation, and methods of coefficient, declining, or correlating analysis. Theoretical and practical results: there have been developed some methodological provisions and practical recommendations on formation, analysis and forecasting of financial statement indicators. Scientific novelty: the notion “principle of financial statement preparation” has been updated and improved; the contents and composition of qualitative characteristics and financial statement preparation principles of an enterprise have been specified; perspective ways of improving financial statements in Ukraine have been defined, and samples of financial statement have been created on the basis of their structure optimisation; a brand-new algorithm for determining the Cash-flow Statement indicators has been designed in a form of a working table; and, a new methodology for determining the optimal criticality of financial coefficients depending upon the activity has been proposed, and methodological support of integral evaluation of financial-and-economic activity has been developed. Level of implementation: the principal results received from the research have been accepted to use in practice during study process at International Institute of Management and for implementation at five enterprises. Efficiency: application of the research results will facilitate the decrease in information risks that occur in executive decision-making and increase in quality of strategicmanagement related to financial-and-economic activity. Field of application: enterprise of all industries of national economy of Ukraine.