CURRENT ASSET MANAGEMENT AND CURRENCY CAPITAL
Journal Title: FBIM Transactions - Year 2018, Vol 0, Issue 2
Abstract
Functioning of a company as a system begins with the acquisition of its elements: labor, resources and work items (materials) in order to perform a certain task. These funds are necessary for doing business in the company and without them the reproduction process cannot be performed. It can be said that the funds are certain economic resources controlled by a legal entity and are the result of some past events whose use in the future is expected to inflow of future economic benefits, that is, the primacy. In order for an enterprise to fulfill its primary goal and task, and to achieve as much profits for itself and society as a whole, it engages the workforce and certain resources. Assets that the company receives from others and assets acquired during the course of business constitute the assets of the company. Assets presuppose the total value of all assets with which the enterprise holds, but as part of the assets must return it to the investor, then only the part that remains in the permanent ownership of the enterprise is called "net assets". During the process of working the funds are spent and the basic task of the company is to renew the funds, and if possible, it constantly increases, as this is a condition for increasing the volume of business and continuity of the company. Expressing, measuring, controlling and directing the financial success of a corporation is a key management activity in the direction of continuous improvement of its financial position. From the way the management understands the importance of this control-management activity, as well as the organizational structure of a particular business system, the applied system of expressing the financial success of the corporation depends.
Authors and Affiliations
Slobodan Nićin
Keywords
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- EP ID EP506446
- DOI 10.12709/fbim.06.06.02.11
- Views 86
- Downloads 0
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