Balance - this is one of the main forms (Form №1) the annual accounts of companies.He must prepare all the organizations that are on the common system of taxation.Visually, it is a table, which reflects the sources of funds: equity and debt (liability), as well as the directions of use (active).
Balance organizations is essential not only for the tax authorities and external auditors, but, first and foremost, and for the firm.Use it to assess the situation of the enterprise and on the basis of the analysis of the information received to develop measures to improve the condition and development trends.Bottom consists of three major sections:
1. Capital and reserves.The amount originally invested funds owned enterprises is equity.In the process of development, it may increase in size, thereby increasing the reliability levels of the company to creditors and attractiveness to potential investors.The section also includes other sources of property (additional and reserve capital) and the amount of retained earnings, the financial independence of the company.
2. Long-term financial obligations.It contains information on long-term loans, which attracted an organization, as well as deferred tax liabilities.
3. Current liabilities - liabilities that were assumed in order to ensure stable and uninterrupted work of maintaining current solvency.
Balance - a tool for determining the level of independence and autonomy of enterprises.The higher the proportion of borrowed funds on the balance sheet, the lower the coefficient of autonomy.
balance sheet of the company, more active part of it, shows how the company manages the means at its disposal:
1. Non-current assets.This section provides information on long-term investments, fixed assets and the amount of available intellectual property.
2. Current assets.Section reflects the value of existing stocks and cash (in the form of cash on hand and current accounts, as well as receivables).
Thus, the balance sheet - is the main source of information about property holdings of the company and its ability to pay, which is very important for potential lenders.
structure of the active part of the reporting enterprise to evaluate the level of investments in fixed assets, prospects and scale of technological and intellectual development.The structure of current assets shows how effective the company's relationship with the debtor, its level of liquidity, the degree of utilization of warehouses and efficiency of free cash.
Balance - is the main source of information for the analysis of the company.For a more in-depth assessment and development strategy it is advisable to study the dynamics of balance analysis to identify the main negative or positive trends.This will clearly define the sources of the company's management of existing problems and will help in the future to better manage at the disposal of the property.
