Analysis of the structure and efficiency of use of net assets of a medical institution

Abstract

Importance: the operating environment of economic entities of the public sector of the economy changes under the influence of a number of factors, the influence of which is taken into account within the framework of financial management. One of the most important tasks that the state sets for educational and healthcare institutions is to improve the quality of financial management. Analysis of the financial condition is the most important tool of state financial management, which is based on the indicators of accounting (financial) statements of institutions. Financial activities of budgetary institutions should be aimed at the efficient use of assets with which they are liable for their obligations. Purpose: the current regulatory documents in the field of formation of accounting (financial) statements of public sector institutions do not define a single procedure for the formation of net assets, however, in accordance with the Conceptual Foundations of Accounting and Reporting of Public Sector Organizations, this indicator is classified as publicly disclosed reporting indicators calculated as of a certain date. This increases the importance of generating information in the field of finance statistics of public institutions and modeling indicators of financial and economic activities. Research design: information on the movement of non-financial assets of a budgetary healthcare institution in analytical accounting accounts is disclosed; existing approaches to calculating the residual value of particularly valuable property are adapted, the value of particularly valuable property is calculated in dynamics for all types of activities of the healthcare institution; the value of the net assets of the healthcare institution and the efficiency of their use are assessed using profitability indicators based on the net operating result. Results: an approach is proposed to calculating the value of the net assets of healthcare institutions based on their legal status of operation; Proposals have been developed to improve the quality of financial management from the perspective of strengthening profitability and optimizing expenses.