scholarly journals INTERNAL CONTROL OF "BLIND SPOTS" OF ACCOUNTING AT INDUSTRIAL ENTERPRISE AS A FACTOR OF INCREASING THE STABILITY OF THE NATIONAL ECONOMY

10.23856/2912 ◽  
2018 ◽  
Vol 29 (4) ◽  
pp. 84-91
Author(s):  
Ruslan Dutchak ◽  
Mansur Mamanazarov
Keyword(s):  
Internal Control ◽  
National Economy ◽  
Industrial Enterprise ◽  
Practical Reasons ◽  
Material Resources ◽  
Industrial Enterprises ◽  
Managerial Decisions ◽  
Initial Observation ◽  
The Stability ◽  
Blind Spots

The essence of the problem of “blind spots” of accounting at industrial enterprises is investigated. The practical reasons for the appearance of “blind spots” of material resources accounting are revealed. The materiality threshold of such zones at industrial enterprises is established. The danger of the existence of “blind spots” in accounting and the need of internal control to combat them is explained. The methodology of internal control in the part of estimating and controlling the risk of false initial observation of economic operations with material resources has been improved. The process of internal control is supplemented by the procedure of elaboration of managerial decisions alternatives on such measures as saving surplus of material resources, expansion of primary accounting supervision, improvement of documentary processing of facts of economic operations with material resources, and compensation of deficit of material resources.

scholarly journals INTERNAL CONTROL OF ENTERPRISE’S UNREAL ECONOMIC OPERATIONS IN NATIONAL ECONOMY

10.23856/3503 ◽  
2019 ◽  
Vol 35 (4) ◽  
pp. 27-34
Author(s):  
Ruslan Dutchak ◽  
Olena Rudenko ◽  
Yelyzaveta Shubenko
Keyword(s):  
Monitoring System ◽  
Internal Control ◽  
National Economy ◽  
Practical Reasons ◽  
Managerial Decisions ◽  
Continuous Activity ◽  
Elaboration Process

The problem essence of the unreal economic operations in accounting at enterprises is investigated. The existence danger of the unreal economic operations for the continuous activity of the enterprise is grounded. The practical reasons of the unreal economic operations’ appearance in the enterprise’s activity are revealed. The main groups of the analytical factors of the unreal economic operations’ risk are separated. The methods of the internal control in the part of the analytical factors’ control of the unreal economic operation’s risk are formed. The safety levels of the monitoring system of the unreal economic operations’ risk by the internal control are distinguished. The methods of the internal control are added by the elaboration process of the managerial decisions’ recommendations on the safety of cooperation with the doubtful counter-agents.

scholarly journals Improvement of Financial Standing of Enterprise by Means of Sourcing Maneuver Model Application

2018 ◽  
pp. 29-33
Keyword(s):  
Financial Stability ◽  
Raw Materials ◽  
Scientific Work ◽  
Industrial Enterprise ◽  
Distribution Model ◽  
Enterprise Management ◽  
Business Climate ◽  
Industrial Enterprises ◽  
Managerial Decisions ◽  
Use Of Resources

The most important characteristic of the economic activity of an industrial enterprise is the level of its financial standing. The higher this level, the more attractive is the company for shareholders, banks, service, raw materials and components buyers and suppliers, the more competitive its products are. In recent years, we have seen an unfavorable business climate both in Russia and around the world, which, on the one hand, forces some companies to cut costs or completely withdraw from the market, and on the other, it fosters companies’ attention to creative function, and not only in relation to the products being created, but also to the enterprise management model, the distribution and use of resources. In this connection, the possibility of using sourcing’s technologies in the issue of improving the financial stability of an industrial enterprise through the restructuring of its distribution model and the use of resources is of interest. To achieve this goal, we have used the sourcing’s maneuver model "higher utilization of production areas by providing outsourcing services". The development of proposals for improving the financial standing of the enterprise was carried out through the application of the "direct-hosting" system. In the present work, the authors developed proposals for improving the financial standing of an industrial enterprise through the application of the sourcing’s maneuver model. The results of this work can be useful for further scientific research in the field of economy of sourcing and development of the "direct-hosting" system. They can also be useful for managers of financial and economic units of large industrial enterprises. The developed proposals for improving the financial standing of an industrial enterprise through sorsing maneuver suggest the prospect of further scientific work in the field of forming methodological approaches for making managerial decisions.

scholarly journals Knowledge in the model of dynamics and stability of an industrial enterprise

2021 ◽  
Vol 112 ◽  
pp. 00034
Author(s):  
Sergey Chuprov
Keyword(s):  
Financial Stability ◽  
Statistical Physics ◽  
Business Environment ◽  
Industrial Enterprise ◽  
Stable Operation ◽  
Industrial Enterprises ◽  
Control Information ◽  
Level Of Knowledge ◽  
The Stability ◽  
Properties Of Information

The formation and development of the knowledge economy logically lead to the need for an indepth study of the nature and properties of information in economic systems. The priority value of the information resource and knowledge in the activities of industrial enterprises is determined both by the prospects for the development of science-intensive products and their competitiveness in the world and domestic markets, and by the desire to ensure the stable operation of the enterprise in a highly disturbed business environment. With the search and analysis of the dependences of the production, financial and economic processes taking place in them on the control information, the systemic interaction of the enterprise resources and the dynamics of key indicators of the activity of industrial enterprises are revealed.From the standpoint of thermodynamics, statistical physics and cybernetics, it is proposed to spread the information concept of V. Trapeznikov to substantiate and modelling the dependence of a number of economic and financial indicators on the amount of accumulated information in the controlled complex of an industrial enterprise.Modeling and interpretation of the relationship between the volume of control information with the uncertainty of the functioning of an industrial enterprise and the achieved level of knowledge about it is carried out. The condition for the stability of the indicator of the effect of activity and the financial stability of the enterprise (autonomy ratio) is formulated. The mathematical condition for the range of changes in the level of knowledge of industrial enterprises has been substantiated.

scholarly journals Preventive anticrisis strategy for development of industrial enterprise

2019 ◽  
Vol 10 (5) ◽  
pp. 1405
Author(s):  
Hanna Tarasova ◽  
Sergey Zaharov ◽  
Mykhaylo Vereskun ◽  
Valeriia Kolosok
Keyword(s):  
Development Strategies ◽  
Industrial Enterprise ◽  
Main Question ◽  
Specific Time ◽  
Weak Signals ◽  
Industrial Enterprises ◽  
Methodical Approach ◽  
Abrupt Changes ◽  
Development Trajectory ◽  
The Stability

It is established that under anticipatory management of industrial enterprises it is expedient to prevent the development of anticrisis strategies for counteracting the most probable crises for an industrial enterprise. At the same time, the main question is to determine when it is necessary to intensify these preventive anticrisis development strategies. To solve this problem, a scientific and methodical approach has been developed to intensify anticrisis strategies for the development of an industrial enterprise on the basis of weak signals, based on the use of a model for estimating the proximity of an industrial enterprise to a crisis state, and which provides for the preventive adaptation of an industrial enterprise to abrupt changes in the environment or changes in the development trajectory enterprises. It makes possible to assess the stability of the trajectory of development of the industrial enterprise at a specific time, and, accordingly, to carry out anticipatory management of the development of the industrial enterprise. 

scholarly journals ORGANIZATIONAL APPROACHES TO OPERATIONAL CONTROL AT INDUSTRIAL ENTERPRISES

2021 ◽  
Vol 2 (37) ◽  
pp. 123-133
Author(s):  
O. Starenka
Keyword(s):  
Control System ◽  
Internal Control ◽  
Control Process ◽  
Jel Classification ◽  
Operating Conditions ◽  
Industrial Enterprise ◽  
Control Measures ◽  
Operational Control ◽  
Industrial Enterprises ◽  
Control Department

Abstract. Modern operating conditions of the vast majority of industrial enterprises require an operational control system. This will not only make it possible to timely respond to the negative impacts of the external and internal environment, but will also provide opportunity to make informed management decisions, providing competitive advantages. A well-functioning operational control system will not only identify defects in a timely manner, but also promptly eliminate them and prevent their future manifestations. The approaches of scientists to various aspects of the organization of internal, in particular, operational control at enterprises are considered. Particular attention is paid to the analysis of the operational control organization. It is proved that the organizational structure of an industrial enterprise should have an internal control department, which is directly subordinate to the head of the enterprise and is interconnected with all its structural divisions. The composition of the internal control department is presented, which includes the head of the department and internal controllers (an internal controller and an operational controller). Their functional responsibilities are determined. It is noted that the operational controller should carry out operational control of possible deviations, taking into account their further influence on the results of activities, analyze control results, provide the head with information on the identified shortcomings in the work of structural units, as well as proposals for their elimination. A sequence of actions for the control process is proposed to be carried out using the following main stages: preparatory, verification, comparative, diagnostic, informational, managerial and final. Each of them is performed by a certain group of subjects of operational control, which take various control measures. The implementation of operational control at industrial enterprises in accordance with the proposed stages will contribute to the division of duties between employees directly involved in control, the prompt transfer of information to the appropriate decision-making centers and the rational organization of operational control at industrial enterprises. Keywords: internal control, operational control, industrial enterprise, control organization, internal control department, operational controller, stages of operational control. JEL Classification M40, М42 Formulas: 0; fig.: 2; tabl.: 0; bibl.: 20.

scholarly journals Mechanism of managing expenses and earnings of the industrial enterprise in current market conditions

2018 ◽  
pp. 124-130
Author(s):  
G. L. Andryuk
Keyword(s):  
New Technologies ◽  
Industrial Enterprise ◽  
Raw Material ◽  
Equipment Management ◽  
Accounts Receivable ◽  
Material Resources ◽  
Industrial Enterprises ◽  
Efficient Management ◽  
Fixed Assets ◽  
Turn Over

Today industrial enterprises are facing the problem of efficient management of expenses and earnings, as prospects of enterprise development depend more and more seriously on these figures and factors influencing their change, as well as the degree of managerial impact. The article analyzes key finance tools of managing enterprise expenses and earnings illustrated by the limited company ‘Grantmash’, identifies their basic advantages and shows possibilities of their use in practice of managing industrial enterprise expenses and earnings. The author proposes to introduce principles of thrifty production as the most effective tool of managing expenses and earnings in industrial sphere. Within the frames of this program it is recommended to optimize personnel by cutting human resources being used infectively, to lower labour-intensity of production through introduction of new technologies of mechanization and automation and to upgrade machinery and equipment. Management of the industrial enterprise should take a number of steps aimed at rationalization of using work places and storages, liquidation of extra functions and simplification of document turn-over and accounting scheme. It is also recommended to cut costs of material resources at the expenses of suppliers selling necessary for production resources at lower prices and to take managerial, technical and technological steps, which can raise efficiency of the available raw material basis and cut a proportion of rejects. In order to optimize the value of fixed assets and improving efficiency of their use it is necessary to reduce the volumes of unnecessary raw material and component purchase, to optimize the structure of stocks at storages and the need in certain material and technical items, as well as to take steps aimed at building the system of accounts receivable control.

scholarly journals Contemporary Industrial Policy: Technological Transfer

2021 ◽  
Vol 7 (5) ◽  
pp. 302-314
Keyword(s):  
Industrial Policy ◽  
National Economy ◽  
Industrial Enterprise ◽  
Innovative Product ◽  
Industrial Enterprises ◽  
Technological Transfer ◽  
Technological Level ◽  
Modernization Process ◽  
Community Team

The role of the modernization process of a contemporary industrial enterprise and the mechanisms for ensuring technological transfer are considered. The features of the functioning of the enterprise as a system-forming socio-economic element that sets the technological level of the national economy are discussed. The increasing importance of the community team as a generator of new needs and a conductor of an innovative product in real production is considered. The analysis of the influence of various factors on the innovative activity of industrial enterprises of St. Petersburg is presented, and the mechanisms of innovative activation are proposed.

scholarly journals A Brief Discussion on the Comprehensive Budget of Industrial Enterprises

2017 ◽  
Vol 1 (1) ◽  
pp. 45
Author(s):  
Chaocui Wang
Keyword(s):  
Small Business ◽  
National Economy ◽  
Focal Point ◽  
Difficult Problem ◽  
Industrial Enterprise ◽  
Budget Management ◽  
The West ◽  
Industrial Enterprises ◽  
Comprehensive Budget ◽  
Financial Administration

The medium-sized industrial enterprise is the important component of our national economy, its development is fine or not, representing the rise and decline of our national economy, the research focal point of standard lies in what utilizes the west to manage in the theory budgets for the financial administration which strengthens enterprises in The Master Budgeting.This text introduces relevant contents of master budgeting, analyze the difficult problem met in implementing, and combine enterprise's own characteristics to solve. First of all, this kind of enterprise of our country is a kind of enterprise surviving between grouping enterprise and small business, it indicates, there is this kind of enterprise to the demand for development of big enterprise by own enterprise characteristic. Utilize the budgets of enterprises to manage and strengthen management to the budgets of enterprises, introduce, direct against the question that the characteristic of every enterprise uses enterprise's budget management and should be paid attention to.

The system of financial controlling of industrial enterprises

2017 ◽  
Vol 30 (1) ◽  
pp. 55-61
Author(s):  
M. P. Bobkova
Keyword(s):  
Information System ◽  
Industrial Enterprise ◽  
System Support ◽  
Industrial Enterprises ◽  
Goal System

In the article examined the peculiarities of the system of financial controlling in an industrial enterprise: the necessity of developing goal system, objectives, requirements for information system support.

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