MAIN ASSETS OF THE ENTERPRISE AND DIRECTIONS FOR INCREASING THE EFFICIENCY OF THEIR UTILIZATION

Abstract

It is established that one of the key factors of successful development of an economic entity is the optimal use of the organization's assets. The productive production cycle of the firm directly depends on the condition and effective utilization of its assets. Therefore, the analysis of the use of current assets plays a significant role in the management of the organization. The balance sheet, in turn, is a key tool of financial reporting, which allows us to assess the competitiveness of the company, its financial position and assets. This article focuses on the comparative analysis of financial and economic activities of various enterprises in order to optimize the use of available assets. Formation of current and fixed production assets in the conditions of competitiveness is aimed at maximizing profits and further development of enterprises, and is an integral component of the reproduction process of an economic entity. The article studies the key aspects of improving the efficiency of asset utilization as a result of economic activity of organizations.