The textbook is a comprehensive methodological guide to the procedure for conducting financial analysis of economic entities. Theoretical, methodological and practical issues of assessing the financial state and its forecasting, analysis of cash flows and financial results, business activity and investment attractiveness, creditworthiness and financial risks are considered . Testing of methods of analysis on 12 topics, grouped into three sections, is carried out on the basis of real information of financial statements of the enterprise, given in appendix. Structurally and in content, the training manual is aimed at the formation of professional competencies in students, enshrined in the state standard of higher professional education in the direction of training 38. 04. 08 Finance and Credit . The training manual is recommended for students of economic specialties, graduate students, teachers of higher professional education organizations, financial analysts, managers of all levels, as well as students in the system of training professional accountants .