Main approaches to the economic essenceof financial results of enterprises associations

  • Kateryna Avdalian Pereiaslav-Khmelnytskyi Hryhorii Skovoroda State Pedagogical University
Keywords: financial result, results of activity, profit, loss, income, expenses


The subject of the study is a set of methodological approaches and methodological provisions for determining the economic substance of financial results of business associations. The purpose of the article is to highlight the main approaches to the economic substance of financial results of business associations and their formation in a market economy. Methodology of work. The work is based on the results of the study of contemporary domestic and foreign views on the economic essence of the concept of «financial results» of enterprise associations and their formation in a market economy. The methodological basis of the study is an integrated approach, system-structure analysis and a dialectical method of scientific knowledge. Results of work The theoretical questions concerning consideration of the category of the concept of «financial results» are investigated. The main approaches to determining the nature of financial results and their characteristics are described. The financial results are defined as the difference between the revenues and expenses of all types of enterprise activity, reduced by the amount of accrued income taxes. Two fundamental approaches to the calculation of financial results of the enterprise are considered. Three main approaches to the interpretation of the content of financial results of the enterprise are described. The field of application of results. Organization and conducting of scientific researches on generalization of approaches of economic essence of financial results of associations of enterprises. Conclusions According to the results of the study, we have seen that there is no unambiguous interpretation of the category «financial result» in the economic literature. The financial results reflect the purpose of the business, its profits, which are crucial for the enterprise. Summarizing all the definitions considered, it should be noted that the financial result - net profit (loss) is defined as the difference between various types of income and expenses of the enterprise for the reporting period. 


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Author Biography

Kateryna Avdalian, Pereiaslav-Khmelnytskyi Hryhorii Skovoroda State Pedagogical University

Avdalian Kateryna, post-graduate student 

How to Cite
Avdalian, K. (2018). Main approaches to the economic essenceof financial results of enterprises associations. University Economic Bulletin, (37/1), 162-167. Retrieved from
Еconomic Theory