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Financial Analytics: Science and Experience
 

Financial and economic analysis of an industrial entity in case of crisis management: the essence and specifics

Vol. 7, Iss. 25, JULY 2014

Available online: 29 June 2014

Subject Heading: CRISIS-PROOF MANAGEMENT

JEL Classification: 

Pages: 50-63

Kochetkov E.P. Ministry of Economic Development of Russian Federation, Financial University under Government of Russian Federation, Moscow, Russian Federation
kochetkove@mail.ru

The article presents a comprehensive description of a crisis financial and economic analysis, as well as its role in a crisis management system what makes it possible to identify such an analysis as a specific type of economic analysis. The author developed his own concept of economic and financial analysis of an entity in terms of crisis management that is based on a systematic approach, and he describes the features of methodology, aims and objectives, subject, object and subject of this analysis. The author also conducts a study of the existing methodology of the financial and economic analysis as a part of bankruptcy proceedings in the Russian Federation.

Keywords: anti-crisis, financial and economic analysis, management, bankruptcy proceedings, solvency, systematic approach, sustainability, financial and economic health, reestablishing debtor solvency, free cash flow, stakeholder, fundamental value, strategy

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