Finance of agro-industrial enterprises: current issues of analysis and management

Relevance. The relevance of the study is due to the important role of analyzing the causes and factors of the economic condition of the leading agricultural enterprises in the region. Sustainable development of agricultural enterprises provides not only food security, it also determines the level of economic well-being of citizens and reveals the potential of socio-economic development of the region. The purpose of the study is to analyze the financial condition of comparable grain processing enterprises in various regions of the Volga Federal District; assessment of the capital and property structure of these enterprises and its impact on financial performance in the current economic conditions.
Methods. The main research tools were methods of financial analysis that can identify financial problems at the enterprise, establish cause-and-effect relationships and see ways to improve the situation.
Results. The current state of agriculture is characterized by the fact that the pandemic, the restrictions imposed in connection with it, as well as the unstable situation in the world economy and sanctions have led to a deterioration in resource provision and caused a decline in the economic efficiency of the agro-industrial complex. The cost of purchased materials has increased, the level of debt has increased, small farms have sharply reduced revenue and profits. Monitoring of the economic situation of the agricultural sector showed that the production and economic risks of the leading enterprises of the industry did not significantly affect the financial results of their activities, many large enterprises continue to increase production volumes, their revenue and profits are growing. Diagnostics of the financial condition and comparative analysis of the effectiveness of asset management and sources of financing of the leading enterprises of the agroindustrial complex of the Volga Federal District were carried out. Strategic recommendations have been formed to improve the effectiveness of their financial policy. The conclusion is made about the influence of the specifics of the formation of sources of financing and the structure of property on the financial results of the enterprise.

1. Kornilova, L. M., Ivanov E. A., Ivanov P. A. Stimulation of innovative activity of agricultural organizations the basis of digitalization of the agro-industrial complex. Innovative development of the economy, 2018. 5 (47), pp. 52-58. (In Russian)

2. Postalyuk M. P., Medvedeva T.A. Factors of development of innovative potential of spatial socio-economic systems of the region. Bulletin of Economics, Law and Sociology, 2013; 1, 88-92. (In Russian)

3. Endovickij D.A, Lyubushin N.P., Babicheva N.E., Kupryushina O.M. From assessing the financial condition of an organization to an integrated methodology for the analysis of sustainable development. Ekonomicheskij analiz: teoriyaipraktika . Economic analysis: theory and practice, 2016;12, pp. 12-21.

4. Medvedeva T.A.. Strategies of innovatization of socio-economic systems of the Volga Federal District regions. Bulletin of Economics, Law and Sociology, 2014; 3, 166-178. (In Russian)

5. Alekseeva N.V., Medvedeva T.A., Semenov A.A., Valerianov A.A. Practice of implementation and directions of development of modern forms and technologies of banking services. Ekonomika: vchera, segodnya, zavtra. 2021. 3-1.,. 168-178. (In Russian)

6. Valerianov A.A., Alekseeva N.V., Medvedeva T.A., Semenov A.A. On measures of state support and regulation of the agro-industrial complex. Bulletin of the Kazan State Agrarian University, 2021, no. 4 (64), pp. 75-81, doi 10.12737/2073-0462-2022-75-81. (In Russian)

7. Danilova N.L. Modern trends in the development of methods for analyzing the financial condition of an organization. Moscow, KnoRus Publishing House, 2021, 136 p. (In Russian)

8. Danilova N. L. The main indicators of financial and economic activity of the organization and the methodology of their analysis: a monograph. Moscow, KnoRus Publishing House, 2018, 140 p. (In Russian)

9. Semenova N. N., Semenov A. A. Problems of management obligations of commercial organizations in today’s economic realities. Materialy Mezhdunarodnoi nauchno-prakticheskoi konferentsii «Sovershenstvovanie ekonomicheskogo mekhanizma effektivnogo upravleniya v khozyaistvuyushchikh sub”ektakh sel’skokhozyaistvennoi napravlennosti na regional’nom urovne» 2017, pp. 179-186. (In Russian)

10. Ivanov E.A., Makushev A.E., Kornilova L.M. Managerial accounting systems and digitalization of the economy of agrarian subjects. Sovremennaya agrarnaya ekonomika: problemy i perspektivy v usloviyakh razvitiya tsifrovykh tekhnologii: materialy Vserossiiskoi nauchno-prakticheskoi konferentsii. Chuvashskaya gosudarstvennaya sel’skokhozyaistvennaya akademiya, 2019, pp. 244-247. (In Russian)

11. Dolgova I. M., Aleksandrova N. R., Petryakova S. YU. Assessment of the competitiveness of agricultural organizations Agrarnaya nauka, 2021;7-8. 130-132. (In Russian)

12. Rodríguez-Pose A. (2013). Do institutions matter for regional development? Regional Studies,. 47, 7, pp. 1034-1047

13. Fernández-i-Marín X., Jordana J. The emergence of regulatory regionalism: transnational networks and the diffusion of regulatory agencies within regions. Contemporary Politics, 2015, 21,. 4, pp. 417-434.