The role of economic analysis of fixed assets in the enterprise’s business
Journal Title: Економіка. Фінанси. Право - Year 2019, Vol 2, Issue
Abstract
Introduction. In the process of activity, there is a need for an economic analysis of the company's fixed assets, which is one of the main areas of analysis in general. The priority tasks are to assess the company's assets with the assets of fixed assets, the effectiveness of their use, the identification of reserves and directions for their elimination. Productive activity of individual enterprises leads to the construction of an efficient economy at higher levels, this performance is largely dependent on the state of fixed assets on each unit of activity and determines the opportunities of each sector of the economy, and the pace of their development. Purpose. The purpose of this work is to highlight the role of economic analysis of fixed assets in the process of economic activity of enterprises and the adoption of managerial decisions. Consider methods and algorithms for conducting an economic analysis of fixed assets. Results. At the core of the economic activity of any enterprise is its, fixed assets. The rationality of their use and their management effectiveness have an impact on production in general. Since fixed assets play a significant role for the enterprise, there is an urgent need for their analysis. Analytical information obtained as a result of it is usually internal, since it is intended for internal users, mainly managers of enterprises, who make decisions about any actions with fixed assets. The adjusted algorithm of economic analysis of fixed assets, allows more accurately and qualitatively to assess the state and provide reliable conclusions that will ensure the effectiveness of further actions and decisions. Conclusion. With the help of economic analysis it is possible to obtain analytical information, which will be obtained as a result of research of the enterprise activity, assessment of its state. Based on these data, management decisions are made. Therefore, a correctly constructed algorithm for conducting economic analysis enables us to obtain reliable, accurate information and, as a result, will serve as a basis for increasing performance. Consequently, it can be concluded that economic analysis plays an important role in the enterprise's activity, in particular the analysis of fixed assets, since the latter are one of the most important components of the enterprise's resources and play a significant role in its production efficiency and efficiency in general.
Authors and Affiliations
Nadiia Vasylivna Solovei, Tetiana Serhiivna Chaikovska
Keywords
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