OPTIMIZATION OF THE PROCESS OF MANAGEMENT OF FINANCIAL RESOURCES OF SUBJECTS OF ECONOMIC ACTIVITY
Journal Title: Вісник Львівського національного аграрного університету: Економіка АПК - Year 2018, Vol 0, Issue 25
Abstract
In modern conditions of management for the subjects of the agrarian sphere of management of financial resources is one of the key tasks in the adoption of effective managerial decisions. This problem is given special attention, as it is expedient for farms to provide, besides high indicators of solvency and profitability, and uninterrupted circulation of financial resources. The article deals with the goals and objectives of the system of optimization of management of financial resources of economic entities, which will enable farms to form a single system of target indicators of profitability and solvency and within this system and build a system oriented towards profitability and solvency of economic valuation indicators. It is proposed to optimize the process of cash flow management at the farms through the analysis of cash flows of the enterprise in the previous period, ensuring effective control of cash flows of the enterprise and full and reliable accounting of cash flows of the enterprise and the formation of necessary reporting, as well as planning of cash flows of the enterprise in terms of their different meanings. The effectiveness of management decisions affects the final financial performance of business entities and increases the market value of enterprises and serves as the basis for the formation of a single system of target indicators of profitability, solvency and composition and structure of capital. The schematic relationship between management of financial resources is shown on the basis of groups of goals of warehouse management and capital structure. The stage-by-stage of financial diagnostics of structure and capital structure in a single technological process is offered.
Authors and Affiliations
G. Skhidnytska, Ruslana Sodoma
Keywords
Related Articles
- EP ID EP508768
- DOI 10.31734/economics2018.25.065
- Views 81
- Downloads 0
Current trends of human capital management
The article describes the main trends in human capital management through the prism of the model of «3T», where the main emphasis is on building creative capital by its three components: technology, talent and tolerance....
Methods grid planning and management in optimizing production
This paper presents some aspects of network planning and management in the poultry farming. The methods of calculating all main parameters of network graph are described here in detail. Special emphasis is laid on increa...
Services in agriculture: the nature, role and importance
The article highlights the main aspects of the activity of agricultural enterprises on the services market. The relationship between service industry and agricilture is shown.The definition of the notion «service» is pro...
Modernstateof monetarypolicy of National bank of Ukraine
The analysis of the modern state of monetary policy of NB of Ukraine is carried out in the article. Basic criteria and macroeconomic indexes of the national program of economic and social development are distinguished on...
The necessity foractuarial calculationsinpension system
An assessment of the current state and prospects of Ukraine’s pension system using various forecasting models. The influence of actuarial calculations to reform the pension system is considered. The ways to improve pens...