| Summary: | The analysis of the balance sheet is carried out using various techniques. In particular, horizontal and vertical analysis of individual indicators, analysis of liquidity and solvency and assessment of business activity of the enterprise is carried out. To calculate individual indicators, together with the balance sheet indicators, the indicators of the Statement of financial results are also used. According to these reporting forms, the structure and dynamics of the balance sheet, absolute and relative liquidity ratios, financial stability and solvency are analyzed, financial results, return on sales, return on capital and assets, as well as their turnover are evaluated. In addition to the analysis of the basic forms, users have the opportunity to study the annexes to the financial statements, these include: reports on changes in capital and cash flows, as well as explanations to the statements. Today, there are many methods of scientists-economists, developed in order to analyze the financial condition of the enterprise according to the balance sheet. Accounting (financial) statements are the basis for making economic decisions by different users. Therefore, the determining factor in the creation of the accounting system are the interests of persons in need of information generated by the system. According to various economists, the most important function of the balance sheet is its informative and multivariate use of various indicators to analyze the financial condition of the organization. Taking into account that the balance sheet indicators are formed on the basis of accounting indicators, which reflect all business transactions for the reporting period - the regulatory framework for the formation of this reporting form is represented by a wide range of different legislative acts.
|
|---|
