IMPROVEMENT OF METHODOLOGICAL APPROACHES TO FINANCIAL ANALYSIS OF FIXED ASSETS OF THE ENTERPRISE

Improvement of the material and technical base is one of the main conditions for the progressive development of any society. As such, increasingly more attention at the present stage of economic development is paid to studying the factors leading to the preservation of a significant part of the obsolete and physically worn out tools among the existing work equipment. One of the key challenges the economy faces is the efficient use and restoration of fixed assets. The solution to this problem is hampered by the crisis of payments, the catastrophic shortage of working capital, and the lack of investment. Besides, it must be noted that the domestic and foreign markets offer a sufficient amount of machinery and equipment vital for enterprises, but they lack funds to acquire them.