Organizational aspects of analysis in the management process at the stage of identification of currency risks
Journal Title: Проблеми теорії та методології бухгалтерського обліку, контролю і аналізу: міжнародний збірник наукових праць - Year 2019, Vol 43, Issue 2
Abstract
The article discoveres how organizational aspects of currency risk analysis are considered in the scientific literature. In the course of the study, directions were provided for the development of organizational support for the analysis of currency risks. In analyzing currency risk identification, analytic actions and techniques, that could be used to manage risks, were systematized systematic. The conducted study allowed to construct a model for determining currency risk in the enterprise management system, which takes into account all the described phases of this stage. The article describes a general approach to the implementation of this stage, which should be taken into account when developing a currency risk register. The proposed form of the register was given, it takes into account the features of currency risk identification. The risks are analyzed in accordance with the standards of risk management that can be transformed and applied to different types of currency risks that arise at enterprises engaged in foreign trade operations in foreign currency. We consider it expedient to present a description of currency risks by types of risks, since not all of them should use management methods. This allowed to build the structure of the document which invited companies to write records on the description of identified types of currency risk. The schematic representation of the Currency Risk Measurement Card using the Value at Risk evaluation is given.
Authors and Affiliations
V. V. Ievdokymov, V. Yu. Hordopolov, G. L. Nord
Keywords
Related Articles
- EP ID EP658782
- DOI -
- Views 102
- Downloads 0
Management accounting and analysis of business processes in the enterprise
The article considers the main problems of managerial accounting and analysis of business processes in the field of manufacturing sector (industry, construction, agriculture). From the authors’ point of view, managerial...
Features of consolidated financial statements: foreign experience
The article researches the features of preparation and submission of the consolidated financial statements of the world countries of different systems of accounting standardization in order to identify the areas of accou...
Cost optimization on example of hotel-restaurant complex enterprises
Optimization of costs is important for increasing competitiveness and profitability of the enterprise, therefore, the purpose of the study is to establish and visualize the basis of cost optimization on the example of ho...
Software market analysis for reporting and reporting
The article investigates the Ukrainian segment of the software market for reporting. We have performed the analysis of the most popular programs («Art-Zvit Plus», «М.E.Doc», «Sonata», «iFin», «1C:Zvit», «SOTA», «TAXER»,...
Global stock market in 1990-s
The 1990s became a period of long-term recovery, the main driving force of which was the high-tech companies of the so-called «new economy», mainly associated with information technology and Internet at the global stock...