Algorithm for compiling an organisation’s balance sheet

The growth and development of a market economy, the presence of high competition increases the role and relevance for an economic entity of the process of forming accounting (financial) statements. The presented article briefly reveals some of the features and algorithm of the organization's balance sheet. It is emphasized that accounting statements are a necessary element of the analysis of the state of financial and economic activity of any organization. The central place in the accounting (financial) reporting system of an organization is occupied by the balance sheet as the main source of information about the property of the organization and the sources of its formation.