CONTEMPORARY ISSUES OF FINANCIAL POSITION ASSESSMENT IN COMMERCIAL ORGANIZATIONS

Abstract

The evaluation of the financial position has traditionally been carried out by the results of the commercial activities of organizations and basically pursued private interests. Business partners made investment plans based on such assessments, analyzed partner risks and considered the competitive positions of commercial organizations in the market. However, currently commercial organizations are considered not only from the point of view of financial stability, but also from the point of view of the social responsibility of their activities to the public, and the existing international standards require the publication of combined financial reports, which assess financial risks of public interest. The article proposes new approaches to assessing the financial position of organizations in the context of corporate social responsibility.