Research of the Opportunity of Application of Mathematical Methods of Modelling for the Estimation of Probability of Bankruptcy of the Enterprise

Actuality of research of the methods of bankruptcy prognostication of the enterprise is based on the following – in Latvia until now there is not the method of calculation of coefficients debugged and adapted to the Latvian terms for prognostication of bankruptcy. The estimation of probability of bankruptcy is made on the basis of the real standards, which exist in the world practice, but does not take into account the features of Latvian specific. Therefore, in this work the basic models of diagnostics of bankruptcy of enterprises are probed and the row of failings that hampers the possibility of their application in the conditions of Latvian enterprises functioning is exposed. Thus, actuality of the real research, directed on the estimation of applicability of methods of mathematical design for determination of probability of bankruptcy is obvious; and also on the estimation of reliability and authenticity of the got results of probability the author stresses upon.