InBridge Consulting Company pays the main methodological and practical role in conducting financial diagnostics to the timely identification of negative trends leading to the company's insolvency and the provision of management decisions projects that will make “hard” insolvency or bankruptcy impossible.

Financial diagnostics of the Company's insolvency is conducted in the direction of:

• the use of a system of formalized and non-formalized criteria;
• evaluation and forecasting of indicators of a satisfactory balance structure;
• calculation of the credit index or Z-indicators of various models.

The use of a system of formalized and non-formalized criteria provides for:

• development of a system of formalized and non-formalized criteria;
• expert assignment of weight to insolvency criteria;
• summary and summing up.

An example of using a system of formalized and non-formalized criteria is the Argenti index (A-score)

The main criteria for the Argentina score and scores are:

• lack of budgetary control - 3 points;
• lack of cash income forecast - 3 points;
• lack of management accounting system - 3 points;
• weak reaction to changes in the market (range, technology, etc.) - 15 points, etc.

The passing score for Argentina is 10. If the amount of points exceeds 10, then deficiencies in the organization of work can lead to significant errors and to the loss of the Company's solvency.

Assessment and forecasting of indicators of a satisfactory balance sheet structure analyzes the balance sheet sections for liquidity and solvency.

Calculation of the creditworthiness index (Z-indicator) calculation of the analytical coefficients of probable insolvency.

In fact, the Z-score is the resulting function of a number of financial indicators.

The calculation of the credit index is carried out in the following models:

• five-factor model of E. Altman;
• Springite model;
• Fox model, Tuffler model and others.

Timely financial diagnostics will allow you to avoid negative trends leading to the lack of platitudes.