Research on the Construction of Smart Financial Management and Control Platform for Small and Medium-Sized Enterprises in the Information Age

Author(s):  
Xiuqing Dai
2018 ◽  
Vol 28 (1) ◽  
pp. 137-141
Author(s):  
Petya Yordanova – Dinova

This paper explores the comparative analysis of the financial controlling, who is a result from the common controlling concept and the financial management. In the specialized literature, financial controlling is seen as an innovative approach to financial management. It is often presented as the most promising instrument of financial diagnostics. Generally speaking, financial controlling is seen as a process of managing the company`s assets which are valued in monetary measures. The difference between the financial management and the financial controlling is that the second covers all functions of management, analysis and control of finances, aiming at maximizing their effective use and increasing the value of the enterprise. Financial controlling is often seen as a function of the common practice of financial management. Its objective is to preserve the financial stability and financial sustainability of enterprises operating in a highly aggressive business environment.


1983 ◽  
Vol 8 (2) ◽  
pp. 155-176

The purpose of these abstracts is to provide reference facilities in the management field. These abstracts have been sponsored by the Indian Council of Social Science Research. These abstracts cover books and articles on empirical studies, experiences of people involved in the management process, and concepts and theories based on Indian data and environment written by Indian or foreign authors and published in India or abroad. The following areas of management are covered: Financial Management, Management Accounting, and Control (FM) Marketing (M) Organization and Administration (OA) Personnel Management and Industrial Relations (PMIR) Production Management, Computers, and Operations Research (PMCOR) General Management: Environment, Policy, and Planning (GM) Policy, Planning, and Development (PPD) Books and articles published after January 1974 are covered in Vikalpa. Abstracts of publications between 1970 and 1973 have been published in two volumes by the Indian Institute of Management, Ahmedabad. For reprint of articles abstracted in Vikalpa please contact the original journals. For further details please write to Professor Shekhar Chaudhuri.


2020 ◽  
pp. 135-147
Author(s):  
IZOLDA CHILADZE

The purpose of this paper is to improve the analysis of the financial stability of enterprises and to identify the key factors affecting the establishment of the sustainable growth trend of enterprises (except the financial sector) in Georgia. Answering the question: what financial challenges do enterprises in Georgia face today and be designed consequently, recommendations for strengthening the financial stability of enterprises should be developed in Georgia, increasing solvency and mitigating bankruptcy risks? The necessity for the financial stability of enterprises is becoming increasingly important both for sustainable business growth and for the stability of the international financial market.The subject of the study is the financial positions and financial results of the analytical enterprises. The first and second categories of joint-stock companies of Georgia and limited liability companies were selected as the research objects. Ten enterprises in total. The research methodology includes methods of economic and statistical analysis, factor analysis, vertical, horizontal, proportional and ratio analysis.In order to improve financial management and control, the paper presents multi-factor models of several indicators created by the author. These are: the tree-factor model the coefficient of the organic structure of capital, an eight-factor model of profitability and a six-factor model of the Financial leverage. The paper conducts practical research on the example of ten Georgian companies and concludes that the main challenges in today›s Georgia are the dangers of losing financial stability and bankruptcy. The reason for such a tense financial situation is not a «Corona-19». According to the author, the main reasons for the instability of enterprises in Georgia are: The Irresponsibility of business owners and management, low management professionalism and hidden flows of cash resources.


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