The Main Approaches to Economic Diagnostics of the Power Engineering Enterprises

The features of economic diagnostics of power engineering enterprises in the Republic of Belarus are considered. Accounting and analysis of the activities of enterprises of the power system in the emerging energy market requires improving approaches of economic monitoring. This can be achieved throu...

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Main Authors: T. F. Mantserova, D. A. Lapchenko
Format: Article
Language:Russian
Published: Belarusian National Technical University 2019-08-01
Series:Izvestiâ Vysših Učebnyh Zavedenij i Ènergetičeskih ob Edinennij SNG. Ènergetika
Subjects:
Online Access:https://energy.bntu.by/jour/article/view/1683
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author T. F. Mantserova
D. A. Lapchenko
author_facet T. F. Mantserova
D. A. Lapchenko
author_sort T. F. Mantserova
collection DOAJ
description The features of economic diagnostics of power engineering enterprises in the Republic of Belarus are considered. Accounting and analysis of the activities of enterprises of the power system in the emerging energy market requires improving approaches of economic monitoring. This can be achieved through a comprehensive system of economic diagnostics of the enterprise. The structure of economic diagnostics is represented by three elements, viz.: rapid diagnostics, diagnostics of bankruptcy and complex diagnostics of the economic condition, each of which has its own purpose and objectives of the study, as well as its own content of the reports to be analyzed reporting and of analytical procedures to be fulfilled. The choice of methods of economic diagnostics also depends on the stage of the life cycle of the enterprise. But it is the specificity of the type of economic activity that has a major impact on the diagnosis. The article describes the specific features of using methods of express-diagnostics, diagnostics of bankruptcy based on multivariate models as well as of integrated diagnosis of power utilities (by example of “Oblenergo” enterprises). The study demonstrated that the use of universal financial ratios in rapid assessment and models for assessing the risk of bankruptcy for domestic energy enterprises is not quite suitable, since these methods do not take into account the existing specifics of the structure of the capital of the organizations of power engineering system. The authors came to the conclusion that each of the approaches to diagnosis makes it possible to evaluate only individual criteria of the state of the economy of the organization. To improve the efficiency of analytical work at the enterprises of the power system, it is necessary to improve diagnostic procedures taking into account the technological features of production and the influence of factors of the external and internal environment. Only a comprehensive diagnosis can give a comprehensive unbiased assessment of the enterprise at all stages of its life cycle.
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spelling doaj.art-2c3b151319174eaeb944984efe1a0dfa2023-03-13T07:41:51ZrusBelarusian National Technical UniversityIzvestiâ Vysših Učebnyh Zavedenij i Ènergetičeskih ob Edinennij SNG. Ènergetika1029-74482414-03412019-08-0162436237610.21122/1029-7448-2019-62-4-362-3761591The Main Approaches to Economic Diagnostics of the Power Engineering EnterprisesT. F. Mantserova0D. A. Lapchenko1Белорусский национальный технический университетБелорусский национальный технический университетThe features of economic diagnostics of power engineering enterprises in the Republic of Belarus are considered. Accounting and analysis of the activities of enterprises of the power system in the emerging energy market requires improving approaches of economic monitoring. This can be achieved through a comprehensive system of economic diagnostics of the enterprise. The structure of economic diagnostics is represented by three elements, viz.: rapid diagnostics, diagnostics of bankruptcy and complex diagnostics of the economic condition, each of which has its own purpose and objectives of the study, as well as its own content of the reports to be analyzed reporting and of analytical procedures to be fulfilled. The choice of methods of economic diagnostics also depends on the stage of the life cycle of the enterprise. But it is the specificity of the type of economic activity that has a major impact on the diagnosis. The article describes the specific features of using methods of express-diagnostics, diagnostics of bankruptcy based on multivariate models as well as of integrated diagnosis of power utilities (by example of “Oblenergo” enterprises). The study demonstrated that the use of universal financial ratios in rapid assessment and models for assessing the risk of bankruptcy for domestic energy enterprises is not quite suitable, since these methods do not take into account the existing specifics of the structure of the capital of the organizations of power engineering system. The authors came to the conclusion that each of the approaches to diagnosis makes it possible to evaluate only individual criteria of the state of the economy of the organization. To improve the efficiency of analytical work at the enterprises of the power system, it is necessary to improve diagnostic procedures taking into account the technological features of production and the influence of factors of the external and internal environment. Only a comprehensive diagnosis can give a comprehensive unbiased assessment of the enterprise at all stages of its life cycle.https://energy.bntu.by/jour/article/view/1683energyeconomic diagnosticskey featuresrapid diagnosisdiagnosis of bankruptcycomprehensive diagnosis of the economic condition
spellingShingle T. F. Mantserova
D. A. Lapchenko
The Main Approaches to Economic Diagnostics of the Power Engineering Enterprises
Izvestiâ Vysših Učebnyh Zavedenij i Ènergetičeskih ob Edinennij SNG. Ènergetika
energy
economic diagnostics
key features
rapid diagnosis
diagnosis of bankruptcy
comprehensive diagnosis of the economic condition
title The Main Approaches to Economic Diagnostics of the Power Engineering Enterprises
title_full The Main Approaches to Economic Diagnostics of the Power Engineering Enterprises
title_fullStr The Main Approaches to Economic Diagnostics of the Power Engineering Enterprises
title_full_unstemmed The Main Approaches to Economic Diagnostics of the Power Engineering Enterprises
title_short The Main Approaches to Economic Diagnostics of the Power Engineering Enterprises
title_sort main approaches to economic diagnostics of the power engineering enterprises
topic energy
economic diagnostics
key features
rapid diagnosis
diagnosis of bankruptcy
comprehensive diagnosis of the economic condition
url https://energy.bntu.by/jour/article/view/1683
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AT dalapchenko themainapproachestoeconomicdiagnosticsofthepowerengineeringenterprises
AT tfmantserova mainapproachestoeconomicdiagnosticsofthepowerengineeringenterprises
AT dalapchenko mainapproachestoeconomicdiagnosticsofthepowerengineeringenterprises