А discussion of bankruptcy as a main problem in agricultural work

Abstract

The study is devoted to assessing the financial condition and forecasting bankruptcy of an agricultural enterprise using the example of LLР «En-Dala». The work covers the analysis of the historical development of the bankruptcy institution, determination of the main factors of financial instability and practical application of diagnostic models. Based on the analysis of financial statements, key problems were identified, such as high accounts receivable, low liquidity and significant growth of administrative expenses, which puts the enterprise at risk of bankruptcy.

The use of theoretical and empirical research methods made it possible to propose solutions to reduce financial risks. Among the recommendations: reducing accounts receivable through a system of discounts, cost optimization, and placing available cash on deposits to increase profitability. The predicted economic effect from reducing accounts receivable amounted to 118.94 million tenge, and the potential income from the deposit was 47.61 million tenge.

The implementation of the proposed measures helps to improve the financial stability of the enterprise, increase its profitability and reduce the risk of bankruptcy. The study emphasizes the importance of regular assessment of the financial condition and the need for strategic management to ensure the stability and growth of enterprises in the agricultural sector.