FINANCIAL AND ECONOMIC RESULTS OF THE COUNTRY CLUB ACTIVITIES AND THEIR PLACE IN THE SYSTEM OF CONTROLLING

The subject of the research is theoretical and practical aspects of determining the financial and economic results of the activity of cultural and artistic institution. The purpose of the work is to determine the financial and economic results of the activities of cultural and artistic institution and to establish their positive dynamics due to the introduction of controlling tools in the systematic management of its development. The methodological basis of the article was both general scientific and special methods of scientific knowledge. The following methods were used: monographic; economic comparisons; statistical and economic, incl. formal and factor analysis; economic and mathematical; balance; graphic. Results of work. In the process of controlling in the system of activity of cultural and artistic institutions in the countryside and managing their development, financial and economic indicators and economic results occupy an important place. This is confirmed by the example of a rural house of culture. On the one hand, high and sustainable financial and economic results of its operation are important consequences of implementation, a kind of indicators of controlling efficiency. On the other hand, they are the financial basis for its further development and improvement. This is especially valuable in the context of decentralization of power, administrative-territorial reform, changing budgeting priorities for rural cultural institutions. The field of application of results. The conclusions and results of the article can be used in the educational process of economic faculties of higher educational establishments. They should be transferred for practical use in the management of socio-cultural enterprises. Conclusions. Factor analysis is important for enhancing the financial and economic performance of a rural club as a cultural and artistic institution. Economic factor analysis refers to the gradual transition from the initial factor system (performance indicator) to the final factor system, the disclosure of a complete set of direct quantitative factors that influence the change in the effective indicator. Their choice for the analysis of a particular indicator is made on the basis of financial and economic analysis of external factors. In this case, they usually proceed from the principle: the larger the set of factors under study, the more accurate the results of the analysis will be. Factor analysis can be done through questionnaires and be an important component of the controlling system.