Published November 2020, Pg. 62-66

Section: Economy, management and law

UOT: 622.338

DOI: 10.37474/0365-8554/2020-11-62-66

The role of financial analysis in activity of petroleum engineering enterprise

T.A. Taghiyeva - Azerbaijan State University of Oil and Industry

The competition becomes topical as the major regu-lation mechanism of industrial process within market economy. The activity of each business unit under modern market conditions is the attention focus for a wide range of participants in market relations interested in the results of its functioning. 

To provide the survivability of the enterprise under modern conditions, the administrative staff foremost, should be able to really estimate financial state both its own enterprise and existing potential competitors.

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