Mathematical Modelling Justification of Financial and Economic Parameters of Enterprises
Sofiia Kafka1, Kateryna Bagatska2, Aleksander Sapiński3, Galina Tkachuk4, Dmytro Nikitin5, Oleksandr Zaitsev6
1Sofiia Kafka*, Department of Accounting and taxation, Ivano-Frankivsk National Technical University of Oil and Gas, Ivano-Frankivsk, Ukraine.
2Kateryna Bagatska, Department of Economics and Finance of an Enterprise, Kyiv National University of Trade and Economics, Kyiv, Ukraine.
3Aleksander Sapiński, Department of Internal Security, Bielsko-Biała School of Finances and Law, Bielsko-Biala, Poland.
4Galina Tkachuk, Department of Accounting and Audit, Odessa National Academy of Food Technologies, Odessa, Ukraine.
5Dmytro Nikitin, Department of Finance and Entrepreneurship, Sumy State University, Sumy, Ukraine.
6Oleksandr Zaitsev, Department of Finance and Entrepreneurship, Sumy State University, Sumy, Ukraine.
Manuscript received on September 26, 2019. | Revised Manuscript received on October 05, 2019. | Manuscript published on October 30, 2019. | PP: 6273-6277 | Volume-9 Issue-1, October 2019 | Retrieval Number: A2149109119/2019©BEIESP | DOI: 10.35940/ijeat.A2149.109119
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Prediction of the effective development of the enterprise implies the need for mathematical modelling of the leading financial and economic indicators of its life. High variability of approaches to the assessment and selection of indicators determines the existence of various approaches to their modelling. The complexity and complexity of the structure of economic activity of the enterprise, suggests the possibility of splitting the general situation into more specific cases, which allows you to apply a logical procedure to them, which is a simulation. The use of mathematical modelling allows you to speed up the economic analysis, contribute to a complete account of the influence of factors on the results of operations, increase the accuracy of calculations. It allows you to get a clear idea of the investigated object, to identify relationships, analyze features and give an accurate forecast of the development and changes in the basic financial and economic parameters of the enterprise.
Keywords: Economic Parameters, Enterprise, Financial Parameters, Mathematical Modelling.