Reporting as a tool for reflecting the real state of the enterprise: a case study

Abstract

The dynamic development of modern subjects of the information and knowledge economy is associated with the use of intangible factors of functioning. It is the components of intangible potential that form the information and intellectual resource of an enterprise, determine its competitive position in the market and are the key to effective operation and the main factor in shaping its value. However, many components of these information and intellectual resources are often impossible to clearly identify and objectively measure.

The study is aimed at analysing how effectively financial statements reflect the real state of the enterprise, in particular in terms of intangible assets valuation. The main objective was to determine how a set of external factors influences changes in financial reporting structures.

Based on the main reporting forms, the changes that occurred in the course of the company's adaptation to the war conditions were traced. The dynamics of the indicators allowed us to understand in detail the readiness of Ukrainian enterprises to adverse changes. Using the example of a real company, the article shows how financial statement analysis can help identify potential problems, evaluate performance and formulate development strategies.

The methods of this work, which served as the basis of the study and were used to reveal the content and essence of the categories, are analysis, synthesis, induction and deduction, systematic approach, comparison, analogy, abstraction, and the method of generalisation.

The study is devoted to the analysis of the impact of factors on the financial statements of Ukrainian companies. Based on empirical data and theoretical developments, the article analyses changes in the structure of the balance sheet, liquidity and profitability of enterprises. The results show that the war caused significant financial losses, changes in accounting policies and the need to adapt business models.

Overall, this study provides an in-depth analysis of the role of financial statements as a key tool for assessing the real state of a company.