Improving of rating assessment of the financial condition of companies
Abstract
In the article, based on the generalized conditional reference balance, a rating methodology was developed that assesses the quality of the accounting balance of companies. Based on the quality of the accounting balance of companies, 4 quality gradations were established to divide them into groups. Also, in order to know the position of the companies in the top power, the financial size of the companies, which is a new economic term, was introduced and its calculation methodology was given. Based on the financial size of the companies, the financial size was divided into 9 steps to determine their overall comparative value. In order to determine the position of the companies included in each level in the financial top strength, a methodology for determining the financial rating within the ranking level was developed. Keywords: companies, base point, generalized conditional reference balance, reference amounts of relative coefficients, quality assessment of the accounting balance, quality gradation, ranking step, financial rating within the ranking step.