Balance is the main form of financial statements characterizing the financial and economic activities of the organization.It reflects all funds (according to their composition and source of origin of a given date) in cash.Its structure has the form of the table, on the left side which shows assets - part of the property and its location (cash, accounts receivable).And on the right side - liabilities, sources of the total capital (reserves, accounts payable).Both parts consist of several sections that combine homogeneous groups means every kind of article, and is called separately (in accordance with the specified string).The total amount of entries (total) - a balance sheet in which assets and liabilities amounts are the same.
Such equality explained by the fact that each asset is due to any action, resulting in the balance sheet are recorded at the same time as the funds themselves and the sources of their formation.Thus, the balance sheet is the same in two parts because of the different perspectives on the same subjects.In one case, it expressed what is the means, and the other - whoever they invested.
As an asset balance is divided into current and non-current assets.In the same release current liabilities and long-term commitment to the established period, during which all wealth should be used, and the existing debt repaid.However, assets, as well as debts can change its original appearance.Thus, the use of money can be a limit, and credit terms extended.All such changes should provide information in the notes.If
was increased during the settlement with creditors and debtors, can grow the balance sheet total.While this growth is also evidenced by the expansion of economic activities of the organization.To determine the specific causes of the financial analysis should be carried out taking into account inflation on existing stocks.
balance data needed to analyze and assess the economic condition of the company (in the determination of the total amount of liabilities to counterparties).Using a variety of factors stability of the organization, you can see a graphic picture of its stability in the financial plan.When calculating many of these indicators used balance sheet.The formula for calculating the coefficient of autonomy, for example, is as follows: (CR + RDB) / WB where the CD - from the capital reserves;RPR - reserves for future expenses and the World Bank - a balance sheet.
Overall, this report provides information to managers and all other persons involved in the management of the enterprise that owns the company, what are the stocks and their correlation with material means, how they are used, and who is responsible for their creation.The balance sheet allows you to see the approximate cost of funds, which can be obtained upon liquidation of the company.These data are, and foreign institutions, such as tax inspection, statistical agencies, lenders, etc.
