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 92
- Downloads 0
Institutional trend of accounting development in Ukraine: structural analysis
The necessity of searching for new tools for carrying out scientific researches in the field of accounting in the present conditions has been substantiated. The historical reasons of difference between accounting science...
Organization of internal audit mortgage transactions in subjects of its implementation
The article determines that the system of internal audit provides management personnel with reliable information for effective management of borrowed funds on the security (in a mortgagor) and financial activities of a m...
Analytical support management shipping company
The article to determine areas of improvement of the economic analysis of the shipping companies tested, allowing to identify the problems of organization and methods, which are as follows: lack of regulation of economic...
Peculiarities of commercial activity of bakery enterprises
The article is devoted to the study of commercial activity peculiarities of domestic baking enterprises. The author establishes the current state of development of the baking industry and bakery enterprises of Ukraine. I...
Analytical estimation of current state of forestry activity at enterprises of Zhytomyr region
The application of analytical procedures concerning the main activity indices of forestry enterprises allowed to make a number of conclusions. The article determines the reasons for increasing the indices of profitabilit...