ASSESSMENT OF RISKS OF RUSSIAN ENTERPRISES OF THE AUTOMOTIVE INDUSTRY
The Russian automotive industry is in a serious crisis. The reason for this is that the growth of the automotive market, which occurred in previous years ended and now the market there is a significant decline in sales, which caused a significant deterioration of the Russian economy. One of the reasons for this is in EU and US sanctions. The deterioration of the economic situation caused a corresponding deterioration in the financial condition of the automobile industry. So, PJSC AVTOVAZ as a result of 2016 the company received a loss of 17,726 thousand rubles. A significant deterioration in the financial condition was also experienced by other enterprises in the automotive industry. The Russian economy at the moment is characterized by the following parameters: - GDP in 2016 decreased by 0.2%; Standard & Poor's rating is BB + / B, long-term and short-term sovereign ratings on liabilities in national currency at BBB- / A -3. Prospects for the rating have been improved to "stable." The long-term national scale rating is confirmed at ruAAA level. Prospects for the rating have been improved to "stable." Thus, the Russian economy is gradually emerging from the crisis, therefore, in the future, it is possible to gradually improve the activities of the automotive industry. Nevertheless, the crisis showed the need to manage the risks of automotive enterprises that suffered significant losses as a result of various risks. One of the most significant risks of the industry in the production of vehicles was the currency risk. The reason is that automotive manufacturers acquire a significant number of components from foreign suppliers. Therefore, for enterprises of the automotive industry, the analysis of the risks of the enterprises of the automotive industry according to the annual accounts is relevant.