Analysis of the financial position of the company for taking the appropriate management decisions

The analysis of the financial position of the industrial company is a process of selecting, comparing and evaluating financial information. Therefore its first procedure is connected with the choice of information, from the whole corporate information flow, necessary for taking adequate management decisions. Comparing information aims to identify the most important proportions and relations, while the last procedure is connected with the evaluation and interpretation of these relations. This article covers: - a selection of a system of indicators to assess the financial position of a going concern - an analysis of the financial position of the company to date