Modeling of the Enterprise Balance Sheet With the Purpose of Ensuring Compliance with Optimality Criteria
DOI:
https://doi.org/10.58423/2786-6742/2025-10-432-440Keywords:
balance, criterion, liquidity, modeling, optimality, financial stabilityAbstract
The scientific achievements of economists in the direction of the practical application of the modeling method in accounting are determined. The purpose of the study is to check the balance sheet of an enterprise for water abstraction, purification and supply for compliance with the optimality criteria and to construct an optimal balance sheet. To achieve the set goal, the following scientific tasks are defined: to form criteria by which the balance sheet can be considered optimal, as well as to develop clear algorithms for changing balance sheet aggregates to achieve compliance of the balance sheet with the specified optimality criteria without violating the basic balance sheet ratio ("Asset = Equity + Liabilities"). According to the financial statements of one of the enterprises for water abstraction, purification and supply, an aggregated balance sheet of the enterprise was formed for the end of 2023 and 2024. The necessary conditions are determined, that is, the criteria for an "optimal" balance sheet, taking into account the conditions of balance sheet liquidity, financial stability, and the need to cover long-term (non-current) assets with long-term capital. According to the first criterion of optimality of the balance sheet (balance sheet liquidity), current assets should be twice as large as current liabilities. The second criterion of optimality of the balance sheet (financial stability) assumes that equity exceeds debt. According to the third criterion of optimality of the balance sheet (the “left and right hand rule”), long-term (non-current) assets should exceed long-term capital (the sum of equity and long-term liabilities). The aggregated model of the balance sheet of the studied enterprise for water abstraction, purification and supply was checked according to the specified criteria of the “optimal” balance sheet. It has been established that the balance sheet of the enterprise at the end of 2024 meets the specified optimality criteria. Based on the aggregated balance sheet of the studied enterprise at the end of 2023, an optimal balance sheet was constructed to eliminate two financial problems (liquidity and the “left and right hand rule”). For this purpose, an algorithm for changing balance sheet aggregates was applied to achieve compliance of the balance sheet with the specified optimality criteria: adjusting the amount of current assets, balance sheet currency and equity.
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Copyright (c) 2025 Oksana Nuzhna, Anna Kravchuk
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