Managerial analysis: brief information

The work of any enterprise must be carefully controlled - this truth has long become the axiom of business. However, monitoring should consist not only of verifying the fulfillment of management tasks and the calculation of financial performance indicators, but also should include an in-depth analysis of the situation and development of ways to improve the current state of affairs. This procedure is known as management analysis.

No enterprise can exist for a sufficiently long time without making any changes to the scheme of its work, the organizational structure, the scheme of subordination and conduct of business operations. Management analysis aims to make a complete picture of the state of the enterprise for a certain moment, and on the basis of the data obtained, make recommendations on how to improve the efficiency of the firm. It is thanks to the analysis and it becomes possible to compile long-term perspective strategies for the development of the organization, and therefore, there is the possibility of planning and forecasting future performance results. In addition, timely monitoring of the situation allows us to find out in time any problems in the life of the firm, which can subsequently cause the articles to cause serious crisis situations.

Of course, it is worth paying attention to the fact that, depending on the scope of the company's activities, the tools and features of the analysis can vary significantly. Thus, management analysis in trade will have quite little in common with the analysis, say, of an agricultural firm. However, the main areas of research are still common for all spheres of economic activity.

So, management analysis involves researching the following aspects:

• Analysis of the external and internal environment of the enterprise - involves identifying the main factors that affect the firm both outside and inside. In fact, the analysis of the internal and external environments is there by the SWOT analysis, where SW is an analysis of the internal environment, and OT is an analysis of the external environment.
• The analysis of the organizational structure of the firm is part of the analysis of the internal environment, but most often it is carried out by a separate item. And the management analysis, conducted without understanding how the firm works, can not be effective
• Analysis of the use of fixed assets, current assets and labor resources - these types of analysis provide an opportunity to assess the overall performance of the enterprise. Through these types of analysis, it becomes possible to identify hidden resources that can significantly improve the efficiency of the enterprise. Thus, management analysis helps to move from an extensive development path to an intensive one.
• Analysis of financial results and accounting documentation - helps to identify weaknesses and errors in the construction and functioning of the accounting system in the firm. Thanks to this, it becomes possible to detect errors in displaying the actual situation in the documents.

Note that in this article we gave only the most general information about the analysis of the company's activities, in fact, the topic is extremely extensive - students who pass management analysis in industries, spurs consider the only way to pass this discipline. We do not recommend spurs, but reference books and other special literature can not only be used, but also necessary, since it will greatly facilitate your work. In these literary sources, readers will find both general information on the directions of analysis, and specific methods of conducting certain types of analysis and interpretation of their results. We wish the readers successful analysis and making the right decisions regarding the development of the enterprises entrusted to them!