Bilyk T. Financial Results of Small Companies Activity: Estimation and Prognostication

Dissertation is devoted to research of financial results of small companies, their estimation and prognostication.Theoretical and methodological implications and mechanisms of formation, evaluation and forecasting of financial results of small enterprises, relations of the simplified tax system of small enterprises and their financial results are exposed. The model of forecasting net income of small enterprises is developed, offered methodological foundations for calculation of variable costs to foster products sale are offered. Ways of enhancing the efficiency of cost management by small enterprise have been determine; the impact of financial conditions of the small enterprises and their financial results and salient features of forming of financial results of domestic small enterprises have been estimated.Approaches concerning the determination of financial results of small enterprises in conditions of transformation accounting changes, methods of estimating the financial conditions of small enterprises, which are based on determination of data range of researched enterprises according to the level of relevant financial indexes and will enable to expose the trends in their financial conditions, approaches in relation to taxation by unique tax with account of the proper classification of enterprises; has cost management system of enterprises has been further developed that will enable to minimize production costs, ways of income forecasting by the small enterprises.