ANALYSIS OF THE ECONOMIC AND FINANCIAL ACTIVITY

In the systemic approach to the issue of the entity, a special role belongs to the economic and financial analysis, as a tool for monitoring its activity and performance. The economic and financial analysis through the methodology, procedures and specific techniques at its disposal, evaluates the state of various processes and phenomena, discovers their structure, establishes the causal relationships, the factors that influence them, discovers the laws of their formation and development, and on this basis offers the management of the entity the possibility of adopting decisions regarding the improvement of the activity in the future.