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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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