id: 25000
Title: Tools of financial planning at the enterprise = Інструменти фінансового планування на підприємстві
Authors: Khaietska О. P.
Keywords: financial planning, financial management, management principles, enterprise strategy
Date of publication: 2020-06-02 08:49:48
Last changes: 2020-06-02 08:49:48
Year of publication: 2020
Summary: The article considers the tools of financial management based on scientific approaches to financial management of enterprises. One of the ways to increase the efficiency of financial management is to improve the system of financial planning for the development of concepts, methods, areas, which are formed taking into account the national characteristics of the economy and the specifics of certain sectors of the economy. The basic principles of financial management and financial condition management of the enterprise are described: financial strategy, management strategy, control, taking into account experience and decision-making on financial issues, determining the consequences of external factors. The place of financial strategy in the system of long-term plans of the enterprise is specified and the algorithm of development of strategy and tactics of financial management of the enterprises is resulted. The focus is on the positive aspects of financial planning in enterprises, which in turn increase the adaptation of enterprises to changes in the external environment and form alternatives to planning and the most optimal solutions. The main problems of financial planning that exist in domestic enterprises and the reasons for the lack of quality financial planning in enterprises of the real sector of the economy are noted. The comparative characteristics of planning and forecasting processes and the interrelation of these processes are given.
In order to improve the methods of forming an effective system of financial management in enterprises, it is advisable to study the economic essence of the financial management system, the study of financial resources and the effectiveness of their management.
URI: http://repository.vsau.org/repository/getfile.php/25000.pdf
Publication type: Статті у зарубіжних наукових фахових виданнях (Copernicus та інші)
Publication: The scientific heritage. - Budapest : Hungary, 2020. - № 47. - Р. 7. - S. 97-105.
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Published by: Адміністратор
File : 25000.pdf Size : 1240259 byte Format : Adobe PDF Access : For all
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