Issue №: 2 (60)
The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.
FINANCIAL ANALYSIS OF THE RATING OF AGRICULTURAL DEVELOPMENT OF THE REGIONS OF UKRAINE
KOVAL Natalia – Candidate of Economic Sciences, Associate Professor of the Department of Account and Taxation in the Fields of the Economy, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Soniachna Str.,
е-mail: Natkov@i.ua).
RADCHENKO Oksana – Candidate of Economic Sciences, Associate Professor, Leading Researcher of Financial, Credit and Tax Policy Department, NSC «Institute of Agrarian Economics» (03127, Kyiv, 10, Heroes of Defense Str.,
е-mail: oxanarad@ukr.net).
The article is devoted to the study of the agrarian development of the regions of Ukraine by the methods of financial analysis. The features of the formation of the information base of financial analysis for the implementation of high-quality data processing are reflected. The latter include indicators of the production and financial activities of the agrarian sector of the economy in terms of the structure of industries, productivity indicators, the efficiency of agricultural activities, and fiscal budgetary levers for the formation of financial resources in the region. For the rating assessment of the agrarian development of the regions, the algorithm of the index method was used, in which the ratio (index) of each indicator of the region with the average value for Ukraine by groups of indicators is estimated. The integral production index was calculated for a group of indicators of productivity and wages, production costs. It is determined that according to the statistics of 2018-2020 the rating of agrarian development of the regions of Ukraine according to certain indicators is headed by Cherkasy, Vinnytsia and Kyiv regions. In order to deepen the methodology of financial analysis, a group of performance indicators for supporting agricultural production from local budgets and lending with the participation of the state, as well as payments from the Regional Development Fund was used to calculate the integral index of financial support in a time lag close to the first integral index. The rating in terms of support indicators is headed by Chernivtsi, Transcarpathian and Ivano-Frankivsk regions. The comparison of ratings in terms of production and financial support of the regions of Ukraine made it possible to reveal the trend that the regions with the most unstable production are better financed, with a certain dependence on the number of farms and their land area, in particular, in the terms of lending volumes. This is probably the Pareto principle, according to which 20% of regions receive 80% of funding. The selection of indicators for the purposes of financial analysis is confirmed by a significant degree of probability and corresponds to the hypothesis put forward about the statistical relationship between state financial support and the state of the agrarian economy of the regions of Ukraine. It has been established that the financial analysis is a powerful tool for forecasting and choosing management options at the level of agrarian development policy in the regions of Ukraine and requires expanding the methodology for its implementation. Modern products of attracting IT-technologies for financial analysis are described. The practical value of the study lies in expanding the indicators of the index method for the purposes of financial analysis of agricultural development at the regional level and clarifying its methodological components in the context of digitalization of the economy.
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About journal
051 Economics
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073 Management
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241 Hotel, restaurant and catering
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The journal “Economy, finances, management: Topical issues of science and practice” is included in the "List of Scientific Professional Editions of Ukraine".
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