Audit and economical analysis

Key words and phrases: tangible assets, intangible assets, financial assets, reserves, money and money equivalents, payables debt, interest required, commitment obligations, own capital and reserves.
Purpose and tasks of accounting balance analysis

The accounting balance sheet is one of the components of the financial statementsand collects and discloses information on the property and financial status of the undertaking.

Long-term and current assets, own capital, long-term and current liabilities and their disclosure in the balance sheet are information that can assist users of financial reporting when analyzing the financial position of the business entity.

All information in the balance sheet should be properly disclosed and disclosed to users. Where necessary, items included in the balance sheet shall be supplemented by information disclosed in the balance sheet.

The term "balance" is derived from the Latin bis twice, the word banx - the word scale, meaning both blacks. It is used as equality, equilibrium.

It is possible to compile a variety of accounting balances on different classification marks (deadline, information size, reflection object, cleaning method).