New applications of the annual fiscal accounting analysis at the risk assessment

EasyChair Preprint no. 430

Abstract

The new applications of annual fiscal accounting analysis at the risk assessment are discussed in this paper. The system analysis methods that can be used to identify the industry or sector of the companies based on their annual fiscal accounting are described. The industry or sector identification make pos-sible conflict data processing and review of supplier and contractors for identi-fication their main type of economic activity in order to exclude the risk of con-tracting with an unreliable company. It is very important when choosing a sup-plier or contractor, and also when banks or credit unions make decisions about the issuance of loans. Other application is financial analysis with taking in to account industry or sector specific in order to make adequate opinions about fi-nancial sustainability statement of company or vice versa. Taking into account industry or sector specific make possible to reliably forecasting bankruptcy and assessment of enterprise value for example in cases of mergers and acquisitions. One of the promising applications is the identification of the life stage of the company. An example of the characteristic structure of the balance sheet of Russian construction companies is shown. It is also shown that traditionally recommended ranges of financial ratios are not characteristics of them. The linear equation to assessment of enterprise value of Russian construction companies is shown. This equation could be used as industry formulas method of business valuation.

Keyphrases: Fiscal Accounting, risk assessment, system analysis

@Booklet{EasyChair:430,
  author = {Alexander Alekseev and Irina Alekseeva and Alexandra Noskova and Victoriya Kylosova and Alena Knyazeva},
  title = {New applications of the annual fiscal accounting analysis at the risk assessment},
  howpublished = {EasyChair Preprint no. 430},

  year = {EasyChair, 2018}}