ACCOUNTING BALANCE AS THE MAIN SOURCE OF INFORMATION FOR ANALYSIS OF THE FINANCIAL CONDITION OF THE ENTERPRISE
Financial analysis of the company's activities allows you to make the most optimal management decisions, as well as identify factors that affect the results of financial and economic activities. Accounting financial statements are the main source of information for the financial analysis of an enterprise. One of the most understandable and accessible to the user of objects of analysis of financial statements is the balance sheet. The balance sheet of the organization is one of the main forms of reporting, which is made by all business entities, legal entities, without exception. This reporting form is a reflection of the structure and composition of the organization's property and the sources of such property as of the reporting date. One of the most important functions of the balance sheet is its information content, since balance sheet data are the most important analytical tool. The balance sheet enables a wide range of users of accounting (financial) statements to assess and analyze the financial and property status of the enterprise. Based on the results of the balance sheet analysis, appropriate decisions are made depending on the category of users of the accounting (financial) statements, and the organization is managed based on the analysis and systematization of information on the company's economic activities. To date, the practice of drawing up and analyzing the balance sheet reflects that neither in terms of the quantitative composition, nor in terms of quality content, this reporting form is not a perfect carrier of operational information, on the basis of which it would be possible to make effective administrative decisions, justify the tactics and strategy of the company's development on perspective. Despite the uniformity of the requirements for the procedure for reflecting the performance indicators of the company in the balance sheet, the specificity of the activities of a particular organization and the features of resource management can significantly distort the actual financial and property status of a business entity.