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In the current economic environment, the activities of each business entity, including construction organisations, are the subject of attention of a large number of market participants interested in the results of its functioning. In order to ensure the survival of the enterprise in the current environment, management personnel must first of all be able to realistically assess the financial condition of both their company and existing potential competitors.

Financial condition is the most important characteristic of an enterprise's economic activity. It determines competitiveness, potential in business cooperation, and assesses the extent to which the economic interests of the company and its partners are guaranteed in financial and production terms. However, the ability to assess the financial condition is not enough for the successful functioning of the enterprise and the achievement of its goals.

The competitiveness of an enterprise can only be ensured by proper management of the movement of financial resources and capital at its disposal.

One of the components of economic science is financial analysis based on accounting data and probabilistic estimates (calculations) of future factors of economic life. In this regard, financial statements become the information basis for further analytical calculations necessary for making management decisions.

Financial decisions are only as accurate as the reliable and objective information base.

Thus, successful financial management is aimed at:

• survival of the enterprise in a competitive environment;
• prevention of bankruptcy and major financial failures;
• leadership in the fight against competitors;
• acceptable rates of growth of the economic potential of the enterprise;
• growth in production and sales volumes;
• maximising profits;
• minimising costs;
• ensuring profitable operation of the enterprise.