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Romanova O.

Improving the balance sheet form for performing analytical research

Keywords: financial statements, balance sheet, methodology for financial statements formation, shortcomings in drawing up a balance sheet, recommended structure of a balance sheet, forecast balance

The present article has a theoretical and practical focus and will promote further development of accounting records and reporting theory and practice as well as economic analysis of its main indicators. Implementation of provisions offered in the given article (provisions on introduction of a unified methodology for accounting indicators formation for commercial organizations and small business entities at the legislative level and establishment of its mandatory use throughout the territory of the Russian Federation) will greatly simplify the procedure for conducting financial analysis and assessing the probability of the organization’s bankruptcy by external interested users as well as it will give the opportunity to introduce automated analytical software products and correctly interpret the results.


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About authors

Romanova Olga A.
Senior Lecturer, Department of Accounting and Electronic Business, Chuvash State University, Russia, Cheboksary (; ORCID:

Article link

Romanova O. Improving the balance sheet form for performing analytical research [Electronic resource] // Oeconomia et Jus. – 2017. – №4. P. 87-95. – URL: