The analysis of incomes and expenses of the enterprise as the tool of risk management

To date, the issue of internal risks is quite complex for each enterprise, it is connected both with the work of investors and with such seemingly routine and familiar measures as an analysis of the company's revenues and expenses, since even in official sources all types of risks, as a rule , Are reduced to one - production and technological (accidents, equipment failures). But the external risks, the nature that lies in the deterioration of the financial and economic conditions of business, the bankruptcy of business partners, the change in contract terms, currency shocks, and other circumstances that somehow make it difficult to analyze the income and expenses of the enterprise, are no less dangerous for the creditor and the enterprise. Very negatively, the analysis of incomes and expenditures is influenced by inflation.

This characteristic of investment activity, like increased risk, requires special attention to this problem by all participants of the investment project, both the bank and borrowers. However, the bank, as a rule, plays a major role in the risk management procedure, since the investment of the credit institution is more significant than that of the investor, and also because large banks have more extensive experience in analyzing the economic efficiency of the project, and in other issues of conducting the investment project , Which indirectly affects the analysis of the income of the enterprise involved in investment activities.

Among the main risk factors for bank investment lending, typical for the Russian Federation, are the following:

• Commercial banks in the modern conditions of monetary policy solve a number of problems, in determining and reducing the risks arising in the implementation of investment lending. But the high uncertainty of the business environment, its dependence on the bureaucracy, the technical difficulties accompanying the analysis of the company's revenues and expenses, require the financing banks to improve the quality of risk management, it becomes a vital prerequisite for business success for the enterprise, and competitiveness for the bank.
• Credit organizations, providing a loan for an investment project, carry out all the stages of risk management that are allocated in theory, starting from identifying risks when obtaining an application for lending an investment project to assessing the results of reducing risks during the monitoring period of the project. But one can not help but notice that the arrears remain high, which indicates the need to improve the process of managing the risks of investment lending.

To improve the risk management of a credit institution when implementing investment banking lending, the following risk minimization methods should be applied:

1. Issuance of a reserve loan. The proposed method will reduce the risk of underinvestment of the investment project for the borrower; And for the credit institution it will be possible to receive additional interest income and reduce possible temporary resources for consideration by the credit organization of an application for additional financing of the investment project.
2. It is necessary to open settlement accounts of all the main participants of investment projects in the bank that is financing the transaction. This will provide an opportunity to track cash flows, competently maintain accounting procedures implemented during the implementation of the investment project, as well as not be able to lead to large-scale costs of the borrower's resources and changing the terms of financing for the project, in the direction of their tightening.
3. Conclusion of contracts for the purchase of products or services of the project in stages. This method will allow you to optimize on the analysis of income and expenses of the enterprise, calculate the effectiveness of investment in the transaction based on the construction of a more accurate cash flow from the project.

Thus, a properly structured risk management strategy acts as an effective tool that promotes successful climate management.