Abstract:
Managing and evaluating the probability of bankruptcy of Ukrainian enterprises is one
of the most complex and relevant problems of the economy and management. In the
context of Ukraine’s integration into the international space, there is an arising issue
of assessing the bankruptcy of Ukrainian enterprises that meets international finan
-
cial standards and allows administering this process. A qualitative assessment of the
bankruptcy of an enterprise is possible only using artificial intelligence methods – the
fuzzy sets method, which allows including qualitative and quantitative indicators to the
model for assessing bankruptcy of enterprises in Ukraine. The aim of the article is to
improve the existing method for assessing the probability of bankruptcy of Ukrainian
enterprises on the basis of the fuzzy sets method, which will include indicators of international financial reporting and allow more efficient administration and management
of this process. The subject of the research is the process of formalizing the method of
the enterprise bankruptcy assessment in accordance with the indicators of International
Financial Reporting Standards. The study offers a mechanism for a comprehensive assessment of the probability of bankruptcy of Ukrainian enterprises with the use of the
methods of fuzzy sets, which is based on international financial indicators: current ratio,
payable turnover ratio, equity turnover ratio, return on assets, equity-to-debt ratio. The
mechanism allows quickly managing bankruptcy conditions. In order to administer the
economic activity of the bankrupt enterprises, based on the theory of a fuzzy sets, a
system of enterprises management (Missing text fragment???), which takes into account
(Missing text fragment???) of international financial reporting
