Accounting

2021 ◽  
Author(s):  
Lyudmila Burmistrova
Keyword(s):  
Financial Management ◽  
Financial Analysis ◽  
Management Accounting ◽  
Management Decisions ◽  
Business Operations ◽  
Analysis System ◽  
Tax Accounting

the textbook reveals the basics of accounting and reporting. This knowledge will help economists and managers to better understand the work of accountants, quickly and carefully make management decisions based on the processes occurring in the organization's finances. It contains the most important concepts and definitions. Raises the main problems related to the organization and maintenance of accounting, reporting, financial management based on analysis and management accounting. In addition, the issues of taxes and tax accounting at the enterprise were touched upon. The material is presented in an accessible language, with examples and calculations. The methods of accounting and analysis are given. With the help of control questions, tests, tasks, the skills of reflecting business operations in the accounting and financial analysis system are fixed. For students and teachers, as well as anyone interested in accounting issues.

scholarly journals Liquidity as a criterion for optimizing the structure of the enterprise’s current assets

2019 ◽  
pp. 16-19
Author(s):  
Natalia KOVALCHUK ◽  
Maia FEDYSHYN ◽  
Artur ZHAVORONOK
Keyword(s):  
Financial Management ◽  
Financial Analysis ◽  
Initial Conditions ◽  
Optimal Structure ◽  
Normative Values ◽  
Effective Management ◽  
Enterprise Development ◽  
Management Decisions ◽  
Domestic Enterprise ◽  
The Impact

The article investigates the optimization current assets structure of the enterprise. The assets of the company are one of the most important objects of financial management, because the condition and efficiency of their use affects the level of profitability of business activities. Undoubtedly, management decisions on current assets are characterized by a greater degree of maneuverability, which reinforces the need for increased attention to managing this type of assets. The purpose of the article is to scientifically substantiate the theoretical and practical principles of applying the liquidity criterion in optimizing the structure of current assets of the enterprise, to determine the impact of the applied criterion on the efficiency of use of current assets and their components. Decisions to improve the management of current assets should be based on key criteria, taking into account the state of the enterprise, the results of the financial analysis, which are the basis for making effective management decisions. In our opinion, one of the important criteria that determines the solvency of an enterprise is liquidity. At the enterprise under study, the liquidity indicators are not within the normative values. The proposed optimal structure of current assets, determined on the basis of ensuring the normative values of liquidity indicators, has demonstrated its effectiveness. The result of the optimization was an increase in the turnover of current assets and an increase in the efficiency of their use. Current assets forecast should become a must for financial work in every domestic enterprise. Different variants of the structure should be forecasted according to the selected criteria, based on the goals of the enterprise development and the initial conditions of its functioning.

scholarly journals Are Family Firms Financially Healthier Than Non-Family Firm?

2019 ◽  
Vol 13 (1) ◽  
pp. 5 ◽  
Author(s):  
Lious Agbor Tabot Ntoung ◽  
Helena Maria Santos de Oliveira ◽  
Benjamim Manuel Ferreira de Sousa ◽  
Liliana Marques Pimentel ◽  
Susana Adelina Moreira Carvalho Bastos
Keyword(s):  
Lower Risk ◽  
Family Firms ◽  
Balance Sheet ◽  
Medium Size ◽  
Z Score ◽  
Data Set ◽  
Business Operations ◽  
Robust Tests ◽  
Analysis System ◽  
Lower Ratio

This study examines the whether or not family firms are financially healthier than non-family in terms of capital structure and leverage. It therefore takes into consideration the existence of any significant differences between the leverage and risk choices of family and non-family firms. Using a panel data set of 888 firms and 7104 firm-year observations of unlisted small and medium size firms over the period 2007–2014, we present that family owned businesses have lower financial structure than those of non-family owned businesses. This indicates that most family firms use less debt financing than non-family firms, and as such maintain a lower level of debt. Secondly, family firms demonstrate lower risk as illustrated by the Altman Z-score. The Altman Z-score scale illustrates a contrary relationship of significance with respect to family firms and their counterparts in terms of the operation aspect of the business’s risk factors. Family firms managed their business operations with lower risk and are generally healthier financially than their counterpart firms. Lastly, findings from the robust tests for the hypotheses using a sample of bankrupt firms in Iberian Balance sheet Analysis System (SABI) reveal that the proportion of failure of family firms as opposed to their counterpart firms is relatively low. Analyzing the bankruptcy files of firms from 2002 to 2014 shows a considerably low ratio of family firms at the 5% significant level. This affirms that the low risk illustrated in the Altman Z-score regression is consistent to the lower ratio of family firms that were declared bankrupted over the study period, which makes Spain an important case in this study.

scholarly journals The Use of the Altman Model in Evaluation of Economic Performance of a Corporation in the Crisis Period in the Building Sector in the Czech Republic

2018 ◽  
Vol 66 (2) ◽  
pp. 409-421 ◽  
Author(s):  
Marcela Basovníková ◽  
Miloš Konečný ◽  
Roman Dubový ◽  
Andrea Masařová
Keyword(s):  
Economic Crisis ◽  
Economic Performance ◽  
Financial Management ◽  
Explanatory Variable ◽  
Financial Analysis ◽  
Building Industry ◽  
Z Score ◽  
Building Sector ◽  
The Czech Republic ◽  
Return On Equity

The article is focused on verification of the presumption of poor financial management in companies operating in the building sector. Many authors have written about a financial situation of enterprises in the building sector, especially after the economic crisis in the year 2008, when some of them claim and their results confirm that the main reason of bankruptcy of these companies was not the economic crisis but mainly poor financial management. Our results, which were obtained especially by the method of financial analysis and further by a mathematical and statistical method, support this statement. Within the mathematical and statistical methods, there was return on equity used as an explanatory variable, mainly because all variants of the Altman Z-Score are based on the calculation of ratio indicators, which do not include this type of return. Based on the conducted tests it is possible to state that it is highly desirable for the monitored enterprises in the building industry to reach positive values of return on equity.

scholarly journals (The impact of financial performance assessment on the quality of banking performance An applied study on the Commercial Bank of Chad in the Republic of Chad for the period (2008-2013: أثر تقويم الأداء المالي على جودة الأداء المصرفي دراسة تطبيقية على مصرف شاري التجاري بجمهورية تشاد للفترة (2008-2013م)

2017 ◽  
Vol 1 (6) ◽  
Author(s):  
Mohammed Bukhari Hassan Ali
Keyword(s):  
Commercial Bank ◽  
Financial Distress ◽  
Financial Management ◽  
Financial Analysis ◽  
High Ratio ◽  
Bank Loans ◽  
General Classification ◽  
The Republic ◽  
The Impact

The study addressed the issue of the quality of financial Shari commercial bank management and the extent of their relationship to the funding of competence, to see how the quality of financial management, and to identify its transparency when granting credit, and to identify the general classification of the bank on CAMELS index of the banking classification. Study the problem in the following questions: Are the financial and credit policies of the bank bank?. It is that the bank actually applied followed in the granting of credit financial procedures? Is bank financing of the bank efficient? Is that the bank applied to all financial regulations and decisions of the Organization of the banking business? The study sought to analyze and test the hypotheses: The bank's reliance on financial analysis to rationalize decisions granting Alaitmat lead to the efficiency of the funding. The Bank’s general classification in term of quality, liquidity adequacy, financial level of default and loan-to deposit ratio are within the good classification. The Chari commercial Bank's performance is good. Used in the study are: descriptive analytical method and the historical approach in addition to the deductive approach. The study reached the following findings: The results of the study that there is a positive relationship between the quality of financial management bank (Shari) commercial financing and efficiency, the bank loans relative to deposits above the industry the desired level standard, the bank in case of default Mali due to the high ratio of non-performing loans and by passed the industry standard, the bank is suffering from an acute shortage of liquidity, causing falter in the bank's operations. The most important recommendations of the study: the need for Shari Commercial Bank to measure and find out the loans to deposits ratio and liquidity of the bank continuously to meet the obligations and withdrawals daily is expected, should the bank not to grant loans only after making sure it fits with deposits and ensure liquidity of the bank to avoid potential financial distress, the need to seek to provide all types of banking services offered by the rest of the workforce in the country's banks.

scholarly journals Development of а matrix of food industry capacity for making management decisions in the formation of sustainable development of agroecosystems

2021 ◽  
Vol 2 (13 (110)) ◽  
pp. 16-27
Author(s):  
Kateryna Andriushchenko ◽  
Oleksandr Datsii ◽  
Oksana Lavruk ◽  
Ruslan Dmytrenko ◽  
Igor Kutashev ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Food Industry ◽  
System Analysis ◽  
Agricultural Sector ◽  
Financial Analysis ◽  
Management Practice ◽  
Sensitivity Factor ◽  
Management Decisions ◽  
Significant Difference ◽  
The Matrix

A theoretical and methodological study was carried out to determine the need and features of developing a matrix of food industry capacity for making management decisions in the formation of sustainable development of agroecosystems, which will increase the operational efficiency of companies and food security of the country. The paper uses the following research methods: historical – in the process of studying modern views on understanding the importance of the agricultural sector for the economy; system analysis – when building a model of innovative business improvement. Methods of comparison and analysis of trends – the study of trends in the agricultural sector of Ukraine with the identification of important areas for improving their activities. Methods of financial analysis – for the analytical assessment of financial and economic activities of the investigated enterprises; forecasting methods – to substantiate the expected results of implementing the author's proposals in management practice. It is proposed to take into account the significant difference in the technology of their processing and production (number of advanced technologies used per 100 thousand people). The paper reveals the dependence of production technologies in agriculture on natural and weather conditions (share of technological innovation costs, %). Criteria for innovation skills in the development of agricultural engineering were proposed. The criteria were determined, which were divided into development groups. The tools for constructing a matrix of food industry capacity were substantiated. Note that for each indicator, the optimal value was determined taking into account the sensitivity factor and the rating of enterprises, which determined their place in the matrix. In the course of the study and the matrix of innovative development, the proposed technology was tested at leading domestic enterprises

scholarly journals Lalabet Financial Analysis: Study of Islamic Economics at Micro Level

2021 ◽  
Vol 4 (1) ◽  
pp. 233-244
Author(s):  
Ainorrofiqie Ainorrofiqie ◽  
Umrotul Khasanah ◽  
Akhmad Djalaluddin
Keyword(s):  
Financial Management ◽  
Financial Analysis ◽  
Financial Statements ◽  
The Body ◽  
Short Term ◽  
The Family ◽  
Micro Level ◽  
The Impact ◽  
The Village

This research aims to explore the model of financial management tradition Lalabet in the village of Babbalan District Batuan Sumenep. This study is based on the fact that occurred in the community about the implementation of traditions carried out by the heirs to family members who died. Interpretative qualitative research is used and an in-depth understanding of a problem that occurs is emphasized more. Based on the results of this study, the financial management tradition Lalabet can be done based on accounting equations. The accounts contained in the accounting equation is not used in its entirety and are reported as are generally financial statements. In this case, the source of funds in carrying out Lalabet tradition is sourced from personal money, money and donations from the family, money from Muslimat, debt, and money or goods from Lalabet's proceeds. The impact is the onset of debt both short-term and long-term. While the expenditure is in the form of costs in taking care of the body, costs for tahlilan (petto'arean), pa'polo, nyatos, nyataon, nyaebu, mangaji, ngin-tangin, nyalenin mayyid, and ajege makam (kep-sekep).

Finance and Financial analysis

2021 ◽  
Author(s):  
Rossiyskoy Minobrnauki
Keyword(s):  
Professional Education ◽  
Financial Management ◽  
Financial Analysis ◽  
Point Of View ◽  
Basic Knowledge ◽  
Federal State ◽  
Master's Students ◽  
Financial Condition ◽  
State Educational ◽  
The Impact

The textbook systematizes basic knowledge in the field of finance, financial analysis and financial management, presented in their direct relationship and significance from the point of view of evaluation, diagnosis, forecasting and monitoring of the continuity of the organization's activities. It includes seven chapters grouped into three sections. The first section is devoted to the theoretical foundations of the organization's financial management, stakeholders and sources of the organization's activities. The second section discusses the basics of financial analysis, providing knowledge of the main directions, information base and methods of financial analysis, as well as allowing them to be applied reasonably, calculate and evaluate analytical indicators, determine the impact of globalization processes, various macro-and microfactors on the financial condition of the organization. The third section contains the basics of financial management, providing an understanding of the essence of the financial mechanism of the organization and algorithms for justifying decisions in the field of financial management. It complies with the federal state educational standards of higher education of the latest generation and provides the formation of basic competencies in the field of finance, financial management and financial analysis. For bachelor's, specialist's and master's students studying in the field of Economics, the system of additional professional education, training centers for advanced training of auditors and other financial market specialists, as well as for individual preparation of applicants for qualification certification and passing qualification exams.

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