Publication Details
Abstract
The activity of enterprises in the region is a system composed of complex elements. This system is distinguished by the multifaceted and complex nature of the process of improving the efficiency of utilizing enterprises' financial and economic potential in the regions. Moreover, conducting research aimed at financial and economic analysis of enterprises is of great relevance today. It is important to apply financial evaluation results effectively in practice, as this serves as a foundation for the efficient operation of enterprises. In financial assessment of enterprises' activities, efforts are made to identify and eliminate economic uncertainty. Various economists have provided different opinions and economic definitions regarding the concept of economic uncertainty. By addressing the issue of economic uncertainty, enterprises can achieve better financial resource management and optimization, improve production quality, and attain other similar outcomes. Additionally, the financial potential of a region plays a significant role in shaping the financial and economic capacity of enterprises. However, the presence of factors hindering the enhancement of a region’s financial potential negatively affects the development of enterprises. A region is studied as a combination of economic, social, and natural-geographical characteristics. The financial condition of enterprises is assessed in three stages, and based on the analysis results, an evaluation of the enterprise’s financial state can be made.