You will need
- The balance sheet of the company.
Instruction
1
Determine the value of the assets of the company at the beginning and at the end of the year according to the balance sheet. Its value is recorded at line 300 of "balance sheet Total".
2
Calculate the average annual value of assets according to the formula: ASR= (A1+A2)/2 where:
- A1 - the value of enterprise assets at beginning of year
- A2 - the value of the assets at the end of the year.
To do this, fold data for the period 300 "Total balance" at the beginning and at the end of the year. Dividing the resulting sum by two, you'll find the average annual value of assets of the company for the analyzed period.
- A1 - the value of enterprise assets at beginning of year
- A2 - the value of the assets at the end of the year.
To do this, fold data for the period 300 "Total balance" at the beginning and at the end of the year. Dividing the resulting sum by two, you'll find the average annual value of assets of the company for the analyzed period.
3
Calculate if needed on the same formula the average annual value of fixed and current assets, using the results of the balance sheet in section I "non-Current assets" or under section II "current assets". Making similar calculations according to the financial statements for the previous periods analyse the changes in the composition of the assets of the organization, identify the causes that affect these changes, take the necessary decisions for the effective management of the resources of the firm.
Note
Estimates the average value of assets are also used in the calculations of profitability ratios of assets, ratios of asset turnover and other indicators characterizing the financial condition of the company. Analysis and identification of factors influencing changes in them, allows us to manage the assets of the company in the ordinary course of its business.
