Development prospects for bankruptcy simulation…
Journal "Humanities Bulletin" of BMSTU"
# 1·2018 13
Development prospects for bankruptcy simulation
in the case of a commercial enterprise
© M.A. Kuznetsov
Bauman Moscow State Technical University, Moscow, 105005, Russia
The article investigates economic and mathematical models for forecasting enterprise
bankruptcy based on determining critical factors of their financial position. We compare
various methods of assessing bankruptcy likelihood; determine their common features,
differences, advantages and disadvantages. We suggest a number of measures aimed at
developing a bankruptcy likelihood simulation system for a commercial enterprise.
Keywords:
bankruptcy, diagnostics and estimating the likelihood of bankruptcy, bank-
ruptcy risk, bankruptcy forecast models
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