Chernyshov V. Formation of the system of financial diagnostics of business entities of industry

The thesis is devoted to synthesis and development of theoretical positions, methodical providing and practical recommendations about formation of financial diagnostics’ system of business entities of engineering industry with consideration of influence on the internal and external environment. In the thesis, we assess the development of the industry of Ukraine taking into account the strengths and weaknesses of the business entities of engineering industry; developed conceptual and terminological apparatus of financial diagnostics of business entities regarding clarification of the notion "financial diagnosis"; determined the systemic nature of the financial diagnostics of business entities of the industry on the basis of the terminological analysis of the "system" concept; the components of financial diagnostics of economic entities are determined, namely: financial status; financial sustainability; profitability; use of own funds. It is found that the components of financial diagnostics systems cover a range of problems related to financial sustainability, since they not only optimize the structure of financial resources, but also determine the diagnosis of financial development of economic entities. Taking into account many methodological approaches to the evaluation of components and financial diagnostics of economic entities, a hierarchy of methods of evaluation of indicators is proposed, which is to use: an integral indicator of the development of economic entities; the Dupont method; the method of SWOT analysis; cluster analysis of business entities; scoring model; discriminant analysis method; determined the profitability of own capital of business entities of engineering industry to evaluate the effectiveness of their activities in the context of financial diagnostics; developed tools for the formation and implementation of the financial diagnostics system of business entities, which is the sequential use of methods of analysis of economic entities and application of the SWOT analysis, which are two components of diagnosis – qualitative and quantitative, their use will allow to determine the amount of financial resources to a business entity to ensure its sustainable functioning and development; also defined the relationship between the indicators of diagnostics of the financial state of economic entities regarding increase their financial stability; built a scoring model classification of business entities of engineering, which carried out ranking of the entities of engineering industry and identified a class of financial stability of economic entities; developed discriminant models for diagnostics of financial stability of economic entities according to classes of financial stability, the application of which involves the use of public financial reporting and facilitates timely identification of the degree of dependence of economic entities from external financing sources; the methodical approach to formation of financial diagnostics system of business entities, which provides for the use of the proposed methods complex, which generally allows to investigate the degree of security of business entities with the necessary financial resources for implementation of economic activity, rationality of their placement and use efficiency, determining your ability to finance your activities in connection with existing financial relationships with other market actors, solvency and financial stability.