Methodological foundations of controlling enterprise finances

Abstract

The article examines the methodological foundations of controlling enterprise finances in the context of economic reforms. The aim of the study is to substantiate the role of state financial control in assessing the financial condition and financial results of enterprises and to identify directions for its effective organization. The study employs systemic and comparative analysis, a review of legal and regulatory acts, logical generalization and grouping. As a result, forms of financial control are classified by regulation, timing, subjects and objects of control; the verification of the reliability of revenues and expenses, the consistency of reported data with the general ledger and journal-orders, the validity of costs charged to production cost, and the causes of losses unrelated to core activities are identified as the main directions of controlling financial results. The paper substantiates the need to ensure the reliability of enterprise financial statements through independent control and in-depth analysis of the factors driving changes in profit.