INFLUENCE OF THE RESULTS OF ANALYSIS OF THE FINANCIAL STATE OF COMMERCIAL ORGANIZATION ON THE ADOPTION OF EFFECTIVE MANAGEMENT DECISIONS
The results of the analysis of financial statements may be different, so it is important to take into account the data of accounting and tax accounting. The main role in the formation of data on an economic entity is played by the accounting policy of the organization. With the correct preparation of accounting policies, an organization can achieve effective management decisions, improve business activities and optimize taxation. Any economic entity is aimed at stability, financial stability, solvency, business expansion now and in the future. It is especially important to carry out these calculations at the present time when the economy has experienced the coronavirus infection and in the post-pandemic period, especially small businesses have faced many problems, and it is precisely such organizations that make up an impressive share in the market economy. Possession of various methods of analysis, as well as diagnostics of economic activity, will allow management personnel to assess realistically the current situation and prevent financial crises in their work. It is customary to analyze the financial condition on the basis of reliable accounting (financial) reporting data and for this it is important to have knowledge about the composition and content of the types of statements. The balance sheet allows various users to study the necessary and generalized information, perform express analysis, control cash flows and make effective financial and economic decisions for business development, do not forget that this form of reporting is the main one and often serves as information for control measures by various government agencies, commercial banks. The scientific novelty of the study lies in the proposal of methods that affect financial results with in the framework of accounting policies, as well as consideration of the process of unifying accounting policies for accounting and tax accounting for the purposes of a highly effective assessment of the financial condition of an organization and making effective management decisions.