Journal of Engineering and Applied Sciences

Year: 2019
Volume: 14
Issue: 9 SI
Page No. 10482 - 10486

Are we Able to Predict the Financial Status of the Company via. the CCB Module?

Authors : Vitezslav Halek

Abstract: Most of the bankruptcy and solvency, modules, therefore, work with all the financial data of the analysed subject more or less the same, eventually, the main activities are taken into account only at the minimum level. The above stated, therefore, becomes a big weakness in the design of the mentioned bankruptcy and solvency modules as the integrated market today cannot cope without a closer market specification of the subject. This is the activity which should be considered in the conversion of the current financial modules, which are difficult to apply. The application of the CCB module (Come Clean Bankruptcy) is one of the options for how to confront this problem. It would be good to emphasise that just as with the existing various specific financial modules and analysis (for financial, government, global institutions), the design of the CCB modules output cannot be implemented for any analysed subject. The currently related work on this module now mainly includes the area of those companies which operate in the textile and fashion industry (OKEC 17, 18). The module design stems from the stochastic basics and it is therefore possible to apply the CCB module for the subjects with various types of economic activities providing the module will be specifically, corrected.

How to cite this article:

Vitezslav Halek , 2019. Are we Able to Predict the Financial Status of the Company via. the CCB Module?. Journal of Engineering and Applied Sciences, 14: 10482-10486.

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