According to the Commercial code, the property which an entrepreneur inserted to trade is defined as business property. This property is next divided to long-term assets and short-term assets. The goal of my diploma is to characterize short-term assets and to use my knowledge in an analysis of management of trading in any enterprise with an accordance of short-term assets. The first chapter focuses on theoretical explanation of short-term assets in general - on its individual components and accounting records too. The second chapter focuses on an explanation of methods of managing short-term assets in a various views. In the last chapter, there is an analysis of chosen company it means how the company manages their stocks, receivables and financial assets at all.