scholarly journals METHODICAL APPROACHES TO MANAGING THE EFFICIENCY OF ENTERPRISE RESOURCES

2021 ◽  
pp. 13-22
Author(s):  
Petro Mykytyuk ◽  
Iryna Trush
Keyword(s):  
Linear Models ◽  
Financial Indicators ◽  
Stock Management ◽  
Price Structure ◽  
Material Resources ◽  
Material Supply ◽  
Economic Interpretation ◽  
Fixed Assets ◽  
And Storage ◽  
Enterprise Activity

building organizations on the basis of economic-mathematical models are offered. The phenomena, related to supply and storage of materials, their production use and impact of material supply on the financial structure of capital, occurred in the enterprise, are determined by means of the analysis of the production functions of dependence of return of fixed assets on material resources, and it was also investigated how such phenomena affect the return on fixed assets. On this basis, the recommendations how to improve the management of materials supply in order to provide the fullest use of fixed assets are developed. Based on the study of the value of the coefficients of linear models of dependence of the financial indicators of the enterprise activity on the value of material stock, the price of a unit of stock, the types of stock, on which the profitability of the enterprise significantly depends are determined, and it is also defined what economic, financial, organizational and technological regularities are covered by these dependencies. An economic interpretation of such dependencies is given and the recommendations for improving stock management and the material supply structure are developed. The qualitative analysis of dependence of the financial indicators of the enterprise activity on the value of the stock and its cost is carried out. The recommendations for improving the management of the size and the price structure of the most important material stock are developed

scholarly journals Analysis of sensitivity of a company's financial sustainability to random factors

2020 ◽  
Vol 210 ◽  
pp. 13002
Author(s):  
Ilona Avlasenko ◽  
Lyudmila Avlasenko ◽  
Isa Peshkhoev ◽  
Yuri Podkolzin ◽  
Oksana Savelyeva
Keyword(s):  
Financial Stability ◽  
Unstable State ◽  
Financial Indicators ◽  
Financial Condition ◽  
Distribution Parameters ◽  
Normal Stability ◽  
Normal Law ◽  
The Impact ◽  
Enterprise Activity

In this article the problem of influence of accidental changes of financial indicators of enterprise activity (equity, long-term/short-term borrowed capital, reserves and costs, etc.) caused by uncertainty of market conditions on values of indicators of financial stability is considered. The study is conducted on the basis of the assumption that the studied financial indicators of the enterprise are random values with a normal law of distribution. To estimate the distribution parameters of these random values, statistical data on the values of the financial indicators of the enterprise for previous years are used. Following estimates of probabilities of financial stability levels were built: absolute stability, normal stability, unstable state and crisis financial state. With the help of statistical modeling, numerical experiments were conducted in order to determine the level of financial condition and conclusions were formulated on the impact on the financial condition of the enterprise of the parameters of the distribution of probabilities of random variables - indicators of the financial and economic activity of the enterprise.

Construction Industry’s Regulatory Institutions

2018 ◽  
Vol 931 ◽  
pp. 1214-1219 ◽  
Author(s):  
Meri V. Gogitidze ◽  
Olesya I. Guzenko ◽  
Anna G. Sapozhnikova
Keyword(s):  
Economic Growth ◽  
Construction Industry ◽  
Social Production ◽  
Industry Regulation ◽  
Institutional Conditions ◽  
Material Resources ◽  
The Social ◽  
Fixed Assets ◽  
End Products ◽  
Capital Construction

The key element of the construction industry is the capital construction, which is finishing and combining efforts of all investment industries and turning material resources into fixed assets, creating conditions for commissioning and use in the social production of means and objects of the labor. At the same time the construction industry is connected with other economy sectors and their end products consumption. Such close interconditionality predetermines need for increase the construction complex efficiency, which is promoting to the increase in rates of economic growth at any particular region and country. The industry’s effective functioning requires creating institutional conditions for the growth and stability. The article is aimed at the questions construction industry regulation and enhances the effectiveness of the institutes, which are participating in this process.

scholarly journals Methodological approaches for optimization of structure of production means of agricultural companies in the Republic of Belarus

2019 ◽  
Vol 57 (1) ◽  
pp. 19-37 ◽  
Author(s):  
V. V. Chabatul ◽  
A. N. Rusakovich ◽  
M. V. Papinava
Keyword(s):  
Beef Cattle ◽  
Dairy Cattle ◽  
Optimal Level ◽  
Natural Material ◽  
Financial Indicators ◽  
Grain Production ◽  
Cattle Breeding ◽  
Fixed Assets ◽  
Dairy Cattle Breeding ◽  
Structure Of Production

Economic efficiency at agricultural companies greatly depends on availability of production means, including fixed and circulating assets, their structure and application efficiency. Specialization has a significant impact on the structure of production means. Problems of optimization of the structure of production means are studied by scientists from near abroad, but their research are of fragmented character and mostly do not take into account specialization of agricultural producers. In this regard, the relevance of research conducted is conditioned by the need to determine the perfect structure of fixed and circulating assets in the context of specialization profile, which will serve as a guide for agricultural companies, especially when scheduling investment activities. The paper dwells on the following main areas of specialization: dairy and beef cattle; grain production with dairy cattle breeding; grain production with dairy and beef cattle breeding; dairy cattle breeding. The effect of the natural material and age structure of fixed assets, as well as the structure of circulating assets depending on the functional role for the economic and financial indicators of agricultural companies in the context of specialization is analyzed. The effect of qualitative indicators of agricultural production on the structure of production was studied, partial dependencies between the studied indicators were identified, and the perfect structure of fixed and circulating assets was determined according to specialization. Investment options in fixed assets of inefficiently functioning agricultural companies were proposed to bring their structure to the optimal level. In terms of specialization profile, models were constructed reflecting the effect of factor indicators (cost of production means elements) on the efficient one (revenue from agricultural products sales). Regression analysis allowed to determine the nature of the effect of factor indicators on the efficient one, as well as to identify reserves for increasing production and financial indicators. These developments can be used for scheduling production and investment activities of agricultural companies.

scholarly journals Assessing impact of determinants on enterprise value in producing and processing industries

2021 ◽  
Vol 2021 (3) ◽  
pp. 117-124
Author(s):  
Tatyana Vladimirovna Kotova ◽  
Elena Vladimirovna Chernikina ◽  
Yulia Aleksandrovna Gladysheva
Keyword(s):  
Financial Indicators ◽  
Return On Assets ◽  
Return On Equity ◽  
Enterprise Value ◽  
Earnings Per Share ◽  
Fixed Assets ◽  
State Participation ◽  
Industry Affiliation ◽  
Relationship Of ◽  
The Relationship

The article is devoted to studying the evaluation of the determinant factors of the value of state-owned companies, which present the competitive and investment-attractive segment of the economy with high export potential. There are considered the applied aspects of the problem and the influence of financial and non-financial factors on the value of companies, such as: return on assets, return on equity, return on invested capital, leverage, earnings per share, dividends per share, company size, company age, share of fixed assets. The research hypothesis that the selected determinants are significant and affect the value of companies with state participation are examined. The analysis is based on data from public reports of Russian producing and processing companies. The sample includes the data for 2010-2019. Companies with state participation and industry affiliation were selected; a database of indicators of financial statements of selected companies was formed; the financial indicators-factors have been calculated; the relationship of factors with the resulting indicator is determined. It has been inferred that the determinants “earnings per share” and “net working capital” are statistically significant and have an impact on the enterprise value in the industry under study

scholarly journals ASSESSMENT OF THE COMPANY'S SOLVENCY USING FOREIGN EXPERIENCE

THE BULLETIN ◽  
2021 ◽  
Vol 2 (390) ◽  
pp. 190-197
Author(s):  
Zh. Basshieva
Keyword(s):  
Low Income ◽  
Financial Risk ◽  
Financial Indicators ◽  
Effective Management ◽  
Short Term ◽  
Financial Model ◽  
Material Resources ◽  
Scientific Analysis ◽  
The Stability ◽  
And Control

In modern conditions, the issue of liquidity and solvency of the enterprise is very relevant. And effective management of liquidity and solvency of the enterprise is the allocation of resources that allow you to convert assets into cash in the short term. In order to increase the efficiency of solvency management, it is necessary to constantly analyze and objectively assess its level. The solvency of the enterprise is determined to be able to repay short-term liabilities in a timely manner and continue to operate through current assets. Therefore, the solvency of an enterprise can be attributed to the fact that the amount of current assets exceeds current liabilities. Identify a system of financial indicators that affect the solvency of the enterprise and conduct a comprehensive scientific analysis on the example of the enterprise. During the analysis period, it is possible to identify the factors that affect the loss of solvency of the enterprise, respectively, to organize countermeasures, as well as to organize an optimal financial model of the company to increase solvency. The stability of the company's financial indicators also affects the borrowed capital. If an enterprise has more financial attractiveness, its capabilities increase. However, there is an increase in its financial risk. Because the company may threaten the preliminary loss of debts. It is necessary to optimize the inventory of goods intended for the sale of finished products and control the consumption of material resources of the enterprise in the process of providing services, manufacturing products and performing work. In the case of timely payment for services provided by the enterprise (rejection of low-income customers and consumers), it is necessary to develop measures that ensure the possibility of individual impact on the consumer, depending on his ability to pay.

SCENARIO STUDY OF INVESTMENT RESOURCE FLOWS FOR THE DEVELOPMENT OF ENTERPRISES AND ENTREPRENEURSHIP

2021 ◽  
Vol 5 (199) ◽  
pp. 66-74
Author(s):  
A.V. Streltsov ◽  
◽  
G.I. Yakovlev ◽  
Keyword(s):  
Investment Activity ◽  
Macroeconomic Factors ◽  
Technological Basis ◽  
Macroeconomic Conditions ◽  
Russian Economy ◽  
Economic Interpretation ◽  
Fixed Assets ◽  
Investment Resource ◽  
Business Structures ◽  
Favorable Conditions

The study considers the issues of mobilizing investment resources of enterprises and business structures, highlights the factors that determine the need for an active technical policy in the modern digital economy. The lack and limitation of investment resources for production purposes in the necessary volumes, under favorable conditions for the provision of borrowed funds, is observed throughout the entire post-reform period of the development of the Russian economy. For the purposes of accelerated modernization, it is necessary to increase the scales of generation of all types of investment resources of enterprises, both own and borrowed, in order to ensure expanded reproduction of promising products on a new technical and technological basis. The purpose of the study is to study possible options for the formation of own investment resources of enterprises and business structures, ensuring their relationship with macroeconomic conditions, the need for borrowed funds, with the most important indicators of the efficiency of the enterprise. The methods of logical analysis, meaningful economic interpretation of economic and managerial phenomena in the environment of investment activity of enterprises, analysis of cause-and-effect relationships in the system of organization of technical development of the enterprise were used in the work. As a result, the study proved the hypothesis that depreciation and net profit can serve as a significant source of investments at enterprises, and proper management of the formation and use of the depreciation fund and the accumulation fund, when there are favorable macroeconomic factors, can significantly increase the share of enterprises ' own funds in their investments. It is proposed to carry out regular management of the depreciation fund and the movement of the accumulation fund for the entire period of the useful life of fixed assets. If this work is not carried out in some periods (years), this significantly reduces the possible share of own funds in investments and increases the need for borrowed funds, increases operating costs.

scholarly journals Development of selected financial indicators for agricultural enterprises in the Slovak Republic

2012 ◽  
Vol 50 (No. 3) ◽  
pp. 120-124
Author(s):  
Z. Chrastinová
Keyword(s):  
Economic Reform ◽  
Slovak Republic ◽  
Early Years ◽  
Agricultural Products ◽  
Financial Indicators ◽  
Agricultural Enterprises ◽  
Entire Process ◽  
Financial Position ◽  
Fixed Assets ◽  
Restructuring Process

Except of 2001 and 2002, the agriculture has produced losses of SKK 38.8 billion over the entire process of transformation. The losses in agriculture were caused by major disparities between the price of supplies to agriculture and prices of agricultural products, plus the restrictive subsidy and loan policy adopted in the early years of the economic reform. The economic situation has improved over the last two years. This was caused by the increase in subsidies, as well as by the continuing restructuring process (sales and liquidation of dubious assets, optimised production), reduction in numbers of loss-making enterprises, by growth and increase in efficiency of production and due to a substantial increase in earnings of many partnerships. However, even despite the positive trends current financial position of most agricultural enterprises does not meet the requirements for development in agriculture, with the rate of TFA (tangible fixed assets) depreciation achieving 50% (of that, depreciation of machinery stands at 70%). The earnings are moderate even in profit making enterprises, with 75% of those enterprises making only up to SKK 1.5 million in earnings. 

scholarly journals Materials Requirement Planning with the Use of Activity Based Costing

2020 ◽  
Vol 28 (1) ◽  
pp. 3-8
Author(s):  
Dorota Więcek ◽  
Dariusz Więcek ◽  
Luboslav Dulina
Keyword(s):  
Point Of View ◽  
Production Costs ◽  
Design Stage ◽  
Activity Based Costing ◽  
Material Resources ◽  
Material Supply ◽  
Alternative Materials ◽  
Supply Costs ◽  
Effective Use ◽  
Materials Requirements Planning

AbstractOne of the rationalization areas is the material supply process. New tasks of material supply are: integration of supply with the operation of the entire system, especially at the product design stage, effective use of material resources, reduction of the level of supply costs from the point of view of production costs. In the conditions of unit and small batch production the materials requirement needs to be carefully planned and optimized due to the use of many different kinds, types and sizes of materials and dynamic changes of demand over time. In this situation there are needed tools enabling the measurement of production costs for particular tasks on the basis of currently realized processes. One of these tools is activity based costing which is a groundwork for decision making process in the material supply area. Basing on activity based costing, a model of materials requirements planning was developed, which considers minimizing the number of different kinds and sizes of materials by using alternative materials and, consequently, lowering production costs.

scholarly journals USE OF INDICATORS OF THE REPRODUCTION OF FIXED ASSETS IN ASSESSING THE EFFECTIVENESS OF THEIR USE

2021 ◽  
Vol 31 (2) ◽  
pp. 221-226
Author(s):  
G.V. Slesarenko
Keyword(s):  
Financial Statements ◽  
Technical Condition ◽  
Financial Indicators ◽  
Book Value ◽  
A Value ◽  
Fixed Assets ◽  
Udmurt Republic ◽  
Theoretical Mechanism ◽  
Efficiency Indicators

Depreciation of fixed assets is a measure that is used to estimate the technical condition of equipment in enterprises, while amortization is a mechanism for transferring the value of fixed assets to the value of the product produced in order to further reproduce it. Very often, both concepts are replaced, while depreciation is not reflected in the credentials, does not have a value expression and does not affect the financial statements, and depreciation is a indicator that reduces the initial value of fixed assets, a book value is formed, which is used to calculate equipment efficiency indicators at both the enterprise and industry levels. Amortization is also used to estimate the efficiency of using investments, the payback period of fixed assets, therefore it is one of the key financial indicators. A more precise meaning is needed to justify the conclusions and proposals on calculated asset utilization rates. The article presents historical aspects of depreciation as an economic category, statistics on the level of depreciation of fixed assets of the Udmurt Republic. It is also proposed to supplement the theoretical mechanism for assessing the effectiveness of fixed assets with new indicators, since the assessment of the reproduction of fixed assets directly depends on the quality of the information used.

scholarly journals Ifrs Versus Cz Gaap: Influence of Construction Contracts on Financial Indicators

2015 ◽  
Vol 3 (2) ◽  
pp. 76-86
Author(s):  
Kristýna Havlová
Keyword(s):  
Financial Performance ◽  
Financial Reporting ◽  
Financial Statements ◽  
Lower Percentage ◽  
Financial Indicators ◽  
The Czech Republic ◽  
Construction Contracts ◽  
Financial Reporting Standards ◽  
Fixed Assets ◽  
Accounting Procedure

Abstract In 2009, 117 countries all over the world allowed to prepare financial statements according to International Financial Reporting Standards (IFRS) including the Czech Republic. Between Czech General Accepted Accounting Principles (CZ GAAP) and IFRS are some differences involving reporting of noncurrent fixed assets, leasing, construction contracts etc. Using different accounting procedure we can get different value of assets and assets are one component that is used to calculate the financial performance indicators. Those indicators are then used by investors to assess the financial performance of companies and the application of IFRS instead of CZ GAAP can lead to distinct presentation of enterprise performance. In this paper we examine the influence of construction contract reporting using IFRS and CZ GAAP on financial indicators. IFRS leads to more stable development during the period when the project is in progress. In the last year when the project is finished the figures of both ratios (ROA and Z-score) are getting worse which is due to the lower percentage of the construction that is built in this year.

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