Estimation of fixed assets and efficiency of their use

Estimation of fixed assets is an analysis of a part of the resource potential of the enterprise. It includes consideration of the structure of property and sources of its formation, composition and movement of the immobilized part of assets.

The valuation of fixed assets based on the analysis of the property complex and its sources is carried out using the data of the balance sheet. For clarity, calculations are best done in a table, and the indicators are divided into an asset and a liability. The asset includes immobilized funds and current assets. Immobilized funds consist of non-current assets and long-term receivables (that is, the least liquid assets). And liabilities include equity and liabilities in the short and long term.

Such a table includes not only the net assets of the organization. Due to this analysis it is possible to see the ratio of immobilized funds and current assets, growth or decrease in own funds relative to the entire change in assets. Also, with such an analysis, one can come to the conclusion about how much funds are involved in the overall structure of the sources of financing, due to which there was an increase (decrease) in the value of assets.

The assessment of fixed assets is carried out in addition to the structure of the balance sheet. It is very important to have an idea about the value of net assets, that is, about the totality of property values, which is formed at the expense of own capital. The conclusion is based on a comparison of equity and net assets, as well as changes in assets during the period under review.

Accounting and valuation of fixed assets is the state of the productive potential as the most important factor of the effectiveness of the main activity of the enterprise and, accordingly, the stability of finance. Accounting reporting allows you to analyze how the key element of the production potential is changing - fixed assets.

The analysis should begin with the study of the number of fixed assets, their structure and dynamics. The data of analytical calculations are presented in tables.

Table 1. Composition, movement and valuation of fixed assets

According to this table, a conclusion is drawn about which funds accounted for the largest part at the beginning and end of the period, and also analyzed the largest number of fixed assets that were disposed of or arrived for a certain period.

Table 2. Structure of fixed assets

Of great importance in the assessment of fixed assets is the characteristic of the technical condition of the OPF. The valuation of fixed assets shows how their initial value decreases or increases, what is the depreciation, and also the cost of immobilized funds that were disposed of or received.