Organizational actions (sale of assets, sale of finance, etc., change of internal organizational structure, change of the management, change of system of the account, control, change of product range, sale of part of assets, retraining of personnel, preliminary solution of problems of debt).
At increase in a balance sheet total for the reporting period it is necessary to consider influence of revaluation of funds, rises in price of production stocks, finished goods. Without it it is difficult to make the conclusion about, whether the increase in a balance sheet total is a consequence of expansion of economic activity of the enterprise or a consequence of inflationary processes.
Necessary element of the analysis of a financial condition of the insolvent enterprises is research of financial results of activity and use of profit. If the enterprise is unprofitable, it testifies to lack of a source of replenishment of own means and to "decumulation" of the capital. Therefore, at this situation, it is necessary to fill up sources of replenishment of own means. The attitude of the sum of own capital to the sum of losses of the enterprise is shown by the speed of its "decumulation".
Assets of the enterprise and their structure are studied both from the point of view of their participation in production, and from a position of their liquidity. Change of structure of assets in favor of increase in current assets testifies:
If the enterprise is unprofitable, it testifies to lack of a source of replenishment of own means and to "decumulation" of the capital. Therefore, at this situation, it is necessary to fill up sources of replenishment of own means. In case the enterprise gets profit and is thus insolvent, it is necessary to trace use of profit.
In theoretical part it is considered the bases for recognition of the enterprise insolvent. The technique of the analysis of activity of the enterprise, calculation of indicators of liquidity and solvency is given. And also possible dependence of insolvency of the enterprise because of debt of the state before us is considered.
In case the enterprise gets profit and is thus insolvent, it is necessary to trace use of profit. In the presence of considerable contributions to fund of consumption this part of profit in the conditions of insolvency of the enterprise can be considered as a potential reserve of replenishment of own current assets of the enterprise. It is also necessary to use possibilities of the enterprise for increase in the sum of profit due to increasing production and product sales, decrease in its prime cost, improvement of quality and competitiveness of production.
In general on the basis of the carried-out analysis, the conclusions testifying to the problems connected, first of all, with the current operational management of finance were drawn. At the enterprise, too, small part is assigned to management of finance. It is connected with that the enterprise exists, rather recently, forms of intra firm reports are not fulfilled yet. In essence, management of finance happens at the level of accounting service and the director. Therefore it is necessary to organize service of management of finance and to hold a number of events for improvement of a financial state according to these recommendations.
The business plan of financial improvement – still new document for our heads and experts. Its concrete forms have to be various for the enterprises of various branches and spheres of economy. Methods of development of plans of modernization and modernization, plans of statement of production for production, etc. known to our planned services are not superfluous in development of new planned documents. But they have to be added and modified taking into account new conditions of managing: flexible financing, pricing, strategy and tactics of sales of products, elements of competitive fight.