Journal of Kryvyi Rih National University

Abstract

Purpose. To study "the financial result of an enterprise" as a category in terms of its essence about the content of the financial activity, which is defined in the national accounting standards, and to develop on this basis theoretical and methodological approaches to assessing the innovative and qualitative component of the financial result obtained at the enterprise. Research methods. The results and scientific provisions presented in the article were obtained using the following research methods: summarising the results of previous studies, comprehensive analysis and synthesis, logical-structural and logicaldynamic analysis, scientific-analytical, comparison and analogy, economic and mathematical, etc. Scientific novelty. The essence of the financial result of an enterprise is studied from the point of view of its connection with the content of the category "financial activity of an enterprise" defined in national accounting standards. For the first time, theoretical and methodological approaches to determining the value of the innovation-quality component of the financial result of an enterprise from its financial activity are proposed and developed. Practical significance. The presented material serves as a significant methodological basis in the comprehensive analysis, evaluation, planning and management of financial activities of an enterprise. The methodology proposed allows assessment of the financial result of an enterprise primarily from a financial perspective and calculation of its innovation and quality component in the total value of the financial result of an enterprise. Results. The methodology allows to assess the innovative and qualitative factors in relation to the financial activity of an enterprise by identifying their impact on the total value of the financial result of an enterprise. The share of innovative-quality factors of financial activity for mining and processing enterprises in the Kryvyi Rih region has been determined. It is noted that the financial result and its specification in the indicator of payment for a financial resource (capital) is an important component and an important basis for defining another concept and another indicator that characterise the financial activity of an enterprise

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Retrieved from Vol. 21, No. 1, 2023

Pages 62–67