One of the most important documents in the company is considered the financial statements of the enterprise, which can practically "diagnosis" business.But for the correctness of this diagnosis is necessary to understand and correctly read a balance sheet and statements.The balance is not too small numbers, but if there is a desire to understand everything and to learn to read reports can be, it will be interesting and useful.These leaders, in addition to everything else, just have to be a bit of accountants because the financial position of the enterprise may be the only way to find out.
financial statements of the enterprise helps to assess its solvency, financial stability and property status, as well as other results that are needed in order to justify the many decisions (for example, it is advantageous to provide or extend credit to establish the reliability of business communications).
With statements can assess the need for financial resources, to determine the financial performance of the institution, the efficiency of the capital structure, to predict and solve other problems related to financial management and financial resources.First of all, it relates to financial firms that produce and place securities.The financial statements of an entity must satisfy the requirements of internal and external users of information.Forms of financial statements and amounts set by the Ministry of Finance of the Russian Federation.
in the financial statements of the enterprise includes the performance of all offices, branches and other units (of the included and those that have separate balance sheets).
financial statements of an entity is able to reflect the financial and property status of the organization and the results of its economic activity.It is made based on the accounting data and calculations.
In the reporting period is the last calendar day of the date on which the accounting records.The reporting year is called the period from January up to and including 31 December.
For organizations that are newly established, the first reporting year is determined from the date when they took the state registration on December 31, and for the institutions that were created after the first of October - on December 31 next year.
accounting financial reporting organizations, institutions - is the final step in the registration process.
statements are presented in tables that are filled according to the analytical and synthetic accounting.
Accounting Financial Statements organization helps to assess the creditworthiness of the company, that is, the extent to which timely and in full, the company is able to pay its obligations.It can help to identify quickly implemented, it is difficult and slow-moving assets, as well as the most liquid assets.
reporting enterprise may be traditionally classified by type.It is operational, statistical and accounting.
On the periodicity of reporting is divided by the annual and infra.Consolidated statements and initial statements - according to the degree of generalization of the accounting information.
Reporting - this is one of the main methods of accounting methodology.The financial statements of institutions, organizations, enterprises - is that branch of accounting records, which records information on the activities of institutions, organizations, enterprises.
in accounting standards, there are specific reporting and accounting that are accepted in the market economy.
