Vectors for Increasing the Effectiveness of Profit Management at Company Level
Journal Title: Науковий вісник Національної академії статистики, обліку та аудиту - Year 2017, Vol 0, Issue 3
Abstract
Imperfect management of processes involved in accumulation and disposal of profit at Ukrainian companies affects their performance, with the consequent losses of public budget revenues. This raises the need for new and more effective mechanisms for accumulation and disposal of corporate profit, which would be focused on maximal utilization of production, marketing and fiscal capacities of business entities and enhancement of their competitiveness at domestic and global market. The article’s objective is to conduct theoretical study of profit as an economic category and an essential component of company’s performance, sum up the principles of profit management, and analyze the profit management system at company level. A brief review of theoretical definitions of profit is made, economic origin of profit and its role in business operation in the Ukrainian context is highlighted. The components of profit management system at company level, essential principles of strategic management of company profit, organizational and economic mechanism for company profit management, a strategy for profit management at company level is discussed and summed up. The organizational and economic mechanism for profit quality management at company level is proposed.
Authors and Affiliations
І. V. Furman
Keywords
Related Articles
- EP ID EP564079
- DOI 10.31767/nasoa.3.2017.07
- Views 155
- Downloads 0
Організація аудиту безперервності діяльності державних підприємств
В статті досліджено основні фактори, що впливають на погіршення економічного стану державних підприємств та можуть спричинити припинення їх діяльності. Особливу увагу приділено організації аудиту державних підприємств, о...
The Models of Distance Forms of Learning in National Academy of Statistics, Accounting and Audit
Finding solutions to the problems faced by the Ukrainian education system require an adequate organizing structure for education system, enabling for transition to the principle of life-long education. The best option fo...
Концепція сталого розвитку як підґрунтя для виникнення інтегрованої звітності підприємства
Метою дослідження є аналіз еволюції положень концепції сталого розвитку та визначення передумов появи інтегрованої звітності підприємства. Виділено складові сталого розвитку та його цілі. Обґрунтовано взаємозв’язок капіт...
The Impact of Electronic Money Use on the Quality of Accounting
The definition o f the term “electronic m oney” was analyzed. The use o f electronic money in the context o f its consideration in international accounting was studied. The basic theoretical andpractical issues, which ar...
Assessment of the Risks of the Continuity, Related with Business Environment of a Business Entity
The article contains research and further development of approaches to the assessment of the risks of continuity of business-related business activities of an entity. Particular attention is devoted to the assessment of...