Significance of the debtor’s financial and business analysis results in bankruptcy and pre-bankruptcy proceedings

The article presents individual issues of implementation of a significant stage both in insolvency (bankruptcy) procedures and for prevention of occurrence of the state of insolvency – analysis of financial and economic activity. Aspects of the analysis are investigated both by the arbitration manager in the context of the implementation of a specific procedure, and by the head of the organization in the pre-bankruptcy period. The specifics of calculating individual indicators, both absolute and relative, are clarified, which together make it possible to draw reasonable conclusions about the further legal fate of the organization in terms of choosing a rehabilitation or rehabilitation procedure. The provisions of legislation and by-laws, in particular RF Government Resolution No. 367, and scientific sources are analyzed. It is concluded that there are controversial issues in the analysis of the financial and economic activities of the enterprise for various purposes, as well as legal issues related to the possibilities of applying digitalization in the processes under study are considered. The conclusion is made about the need for further improvement of legislation in this area.