The Methods and Evaluation of RIC Integrated Business Indicators
Natalia Alekseevna Prodanova1, Liudmila Borisovna Trofimova2, Lyudmila Nikolayevna Korshunova3, Sergey Georgievich Kamolov4, Konstantin Zaurovich Trapaidze5, Albert Valentinovich Pavlyuk6
1DNatalia Alekseevna Prodanova, Plekhanov Russian University of Economics, Moscow, Russian Federation.
2Liudmila Borisovna Trofimova, Plekhanov Russian University of Economics, Moscow, Russian Federation.
3Lyudmila Nikolayevna Korshunova, Moscow Witte University, Moscow, Russian Federation.
4Sergey Georgievich Kamolov, Moscow State Institute of International Relations (MGIMO), Moscow, Russian Federation.
5Konstantin Zaurovich Trapaidze, Moscow State Institute of International Relations (MGIMO), Moscow, Russian Federation.
6Albert Valentinovich Pavlyuk, Moscow State Institute of International Relations (MGIMO), Moscow, Russian Federation.
Manuscript received on 02 July 2019 | Revised Manuscript received on 09 July 2019 | Manuscript published on 30 August 2019 | PP: 1889-1894 | Volume-8 Issue-10, August 2019 | Retrieval Number: J92420881019/2019©BEIESP | DOI: 10.35940/ijitee.J9242.0881019
Open Access | Ethics and Policies | Cite | Mendeley | Indexing and Abstracting
© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: In the conditions of transition to international financial reporting standards (hereinafter – IFRS), the issues of developing a methodology for analyzing of the Russian consolidated financial statements, prepared in accordance with the requirements of the international format, are of particular relevance. In order to develop a methodology for analyzing of consolidated financial statements, the authors developed key indicators RIC of integrated business, based on the application of institutional analysis, as well as the coefficient method of relative indicators. The key RIC indicators, presented in the article, are intended to perform express analysis of consolidated financial statements, since they will provide a basic picture of the financial situation of a group through a series of simple calculations. The research results can be used in the transformation of statements, as well as in the construction of consolidated financial statements, generated in Russia in accordance with the IFRS requirements. Index Terms: institutional analysis methodology, the relevance, the overall profitability of non-current assets revaluation, the profit investment rate, total financial result.
Keywords: institutional analysis methodology, the relevance, the overall profitability of non-current assets revaluation, the profit investment rate, total financial result.
Scope of the Article: Industrial, Financial and Scientific Applications of All Kind