Financial management of enterprise development in an unstable environment
Journal Title: Центральноукраїнський науковий вісник. Економічні науки. - Year 2014, Vol 25, Issue
Abstract
The article defines the features of a modern industrial enterprise financial management , their role and functions. Methodical approaches to improve cash flow management in the enterprise This allowed more effectively plan, analyze, and monitor cash flows of the enterprise. The calculations of the economic efficiency of the proposed measures. Were also used a number of different methods. For example, SWOT-analysis, by which established strengths and weaknesses of the company and its risks identified and development opportunities. Particular attention is paid to financial regulation. The requirements and regulations of the state of financial regulation, which are mandatory for all businesses. These areas of financial regulation and implemented enterprise independently of their choice depending on the goals and objectives of the strategic development , organizational and managerial capabilities, business size. It is necessary to maximize the impact, financial management, a more complete and comprehensive utilization of available financial instruments businesses. The analysis suggests that to ensure effective financial management enterprise must consider questions of financial regulation at all levels, and especially where it can not affect its conditions and laws. That is why the financial management of the enterprise involves the development of a specific financial strategy and tactics based on the financial analysis, a comprehensive assessment of its results, forecasting revenues and expenses, changes in the structure of assets and liabilities, changes in the volume and cost structure of sales, profits, as well as the dynamics of environmental factors. Solutions have to be a variant character, and one of the tasks of financial management - selection of the most rational and workable options simultaneously ensure economic production process.
Authors and Affiliations
Yuri Baev
Keywords
Related Articles
- EP ID EP355449
- DOI -
- Views 63
- Downloads 0
Diagnostics of the Current Trends in the Employment Sphere of Ukraine
The content of the category "employment" has been disclosed in the article. The dominating factors influencing the labor market and employment development in Ukraine have been defined. The main tendencies of employment i...
The System of Food Products Safety Management
The necessity of upgrading food products and its strength security is grounded in the article. The aggregate of factors, influencing on the increase of interest of the Ukrainian enterprises of food retail industry to pro...
Approximation of the Ideal Model of Labor Efficiency of the Multidimensional Nonlinear Mathematical Model
The objective of research is the grounding of possible approximation of the ideal model of labour efficiency at an enterprise by a nonlinear polynomial; the development of the methodology of creating nonlinear multidimen...
Social capital formation: stimulating and blocking factors
In the article the necessity of social capital research is revealed, the sources of social capital are analyzed and stimulating and blocking factors of social capital formation at the enterprise level are selected. The m...
Perspectives of Returning the Dog Owners Fee to the Subsystem of Local Taxation of Ukraine
The purpose of article is the development of theoretical and practical approaches to improve the mechanism of levying of dog owners fee. The experience of the dog owners taxation in Germany has been studied where tax col...