Innovative methods of managing the company’s financial results

Abstract

The article investigates the experience of using innovative methods of managing financial results in a joint venture and the possibility of using these methods at a Russian enterprise. The importance of managing financial results for an individual enterprise and for the country’s economy as a whole is indicated. The research includes CVP analysis of the enterprise, DuPont model, and profitability analysis of the enterprise. The authors make conclusions about the applicability of classical and innovative methods at each of the considered enterprises. Recommendations for managing financial results within the research object are proposed, their effectiveness is calculated, and the repeated CVP analysis was performed based on the expected results. It is concluded that these measures will be effective for the company in various ways. They can be implemented together or separately. However, their combined effect may differ from the sum of the effects.