Auditing of Company Financial Standing Using Aggregate Measure

A model of evaluation of company financial standing is presented in the article, based on the concept of aggregate synthetic measure. By calculating threshold values for the aggregate measure, statutory auditors gain a valuable tool to help determine the potential breach of company financial sustain...

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Main Author: Robert Kowalak
Format: Article
Language:English
Published: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu 2020-01-01
Series:Nauki o Finansach
Online Access:https://journals.ue.wroc.pl/fins/article/view/226
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author Robert Kowalak
author_facet Robert Kowalak
author_sort Robert Kowalak
collection DOAJ
description A model of evaluation of company financial standing is presented in the article, based on the concept of aggregate synthetic measure. By calculating threshold values for the aggregate measure, statutory auditors gain a valuable tool to help determine the potential breach of company financial sustainability as well as evaluate company financial standing relative to other reporting periods. The main purpose of the author was to present a new conception of analysis company financial standing based on matrix measure. Theoretical and empirical methods are used in the paper. The theoretical part describes own model based on matrix measure. The empirical part shows the use of the model to analyze the financial condition of a stock exchange enterprise. Research methods concentrated on data and information collected from one company (case study), induction, deduction and literature analysis.(original abstract)
format Article
id doaj-art-cecc85d0fd7c4cb5ac6c9463ed796ac5
institution DOAJ
issn 2449-9811
language English
publishDate 2020-01-01
publisher Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
record_format Article
series Nauki o Finansach
spelling doaj-art-cecc85d0fd7c4cb5ac6c9463ed796ac52025-08-20T03:07:57ZengWydawnictwo Uniwersytetu Ekonomicznego we WrocławiuNauki o Finansach2449-98112020-01-01251227Auditing of Company Financial Standing Using Aggregate MeasureRobert Kowalak0Wroclaw University of Economics and Business, Wroclaw, PolandA model of evaluation of company financial standing is presented in the article, based on the concept of aggregate synthetic measure. By calculating threshold values for the aggregate measure, statutory auditors gain a valuable tool to help determine the potential breach of company financial sustainability as well as evaluate company financial standing relative to other reporting periods. The main purpose of the author was to present a new conception of analysis company financial standing based on matrix measure. Theoretical and empirical methods are used in the paper. The theoretical part describes own model based on matrix measure. The empirical part shows the use of the model to analyze the financial condition of a stock exchange enterprise. Research methods concentrated on data and information collected from one company (case study), induction, deduction and literature analysis.(original abstract)https://journals.ue.wroc.pl/fins/article/view/226
spellingShingle Robert Kowalak
Auditing of Company Financial Standing Using Aggregate Measure
Nauki o Finansach
title Auditing of Company Financial Standing Using Aggregate Measure
title_full Auditing of Company Financial Standing Using Aggregate Measure
title_fullStr Auditing of Company Financial Standing Using Aggregate Measure
title_full_unstemmed Auditing of Company Financial Standing Using Aggregate Measure
title_short Auditing of Company Financial Standing Using Aggregate Measure
title_sort auditing of company financial standing using aggregate measure
url https://journals.ue.wroc.pl/fins/article/view/226
work_keys_str_mv AT robertkowalak auditingofcompanyfinancialstandingusingaggregatemeasure