Analysis of Indicators Used by Russian Federation for Assessing the Financial Standing of Airport-Related Enterprises
The article has analyzed the Russian Federation's (RF) indicators for evaluating the financial standing of airport-related enterprises (ArEs). It indicates, based on financial and economic literature, that various experts have set forth competing methodologies for defining the financial state of businesses. However, the commentary adds, these techniques lack universality of application, perhaps since no comprehensive standards yet exist to guide their industrial usage. The critique notes that this is not the case for sectors such as ArE, for which the RF government has legislated specific decrees. These decrees, the document says, covers complex universal coefficients for complete or partial performance during the period in question. The review claims that its result would reflect the inadequate overall standards for computing the financial worth of air-transport-related ventures such as those operated by ArEs. The blueprint, in the discussion, has studied RF financial indicators, drawing purportedly objective financial conclusions for economic sectors such as ArEs.