BALANCE SHEET: APPOINTMENT, THE PRINCIPLES OF DESIGNING, PROCEDURE OF FORMATION AND USE IN THE ANALYSISJournal: The Way of Science (Vol.1, No. 1)
Publication Date: 2014-03-30
Authors : Kalimullina A.M. Galiakhmetova S.S.;
Page : 121-123
Keywords : balance sheet; assets; liabilities; capital; reserve; obligations; account; IFRS.;
In accounting, the balance sheet is considered as the way of generalization and grouping economic enterprise assets and their sources on a concrete moment in monetary (cost) value. To solve the problems for creation of the balance sheet, it is necessary to understand its essence and appointment, the principles of classification of provisions on assets and liabilities, their interrelation. The economic classification of business activities is the basis of designing the balance sheet.
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