The Specificity of the Problems of Assessing the Financial Condition of Russian Companies

The article reflects the actual and specific Russian problems of assessing the financial condition of companies. The methodology for assessing the financial condition in the Russian textbooks is strongly fragmented, requires updating and has a little connection with the practice and the real economic situation. The financial statements are disclosed only by a third of Russian companies, and also have negative aspects in the presentation and complexity of the analysis. In the business community there is a significant reduction in the role of financial statements, as a source of information for assessing the financial and economic activities.